Minor International - 2024E Earnings Already Peaked for the Year
We have downgraded our rating to Outperform (previously Buy) due to a more negative outlook on the long-term earnings growth prospects.
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Minor International - In-Line 2Q24 Core Profit
We anticipate an improvement in 2H24E core profit, driven by the high season in Europe and the beginning of the peak tourism season in Thailand in...
143 Views
The Week That Was in ASEAN@Smartkarma - Bank Rakyat's Turn, Sido Muncul, and BFI Finance Indonesia
The past week saw insights on Bank Rakyat Indonesia (BBRI IJ), Sido Muncul (SIDO IJ), BFI Finance Indonesia (BFIN IJ), Sheng Siong (SSG SP), and...
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Minor International - Entering the High Season in 2-3Q24E
We initiate our coverage on MINT with an Outperform rating and a 12-month FV of Bt39.25, based on the 12M earnings yield of 3.6%.
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Smartkarma Originals
APAC Luxury Industry Series Update: The Growth of Luxury Travel Unmatched by Dull Share Prices
While travel has rebounded to pre-pandemic levels, Shiseido's Travel Retail struggles, yet Minor International and Mandarin Oriental are showing...
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