SCC : Solid Petrochemical Spread Spiked 2Q20 Earnings
We downgrade our recommendation to SELL, from HOLD rating, with a new 2021E target price of Bt343.00, from Bt306.00, derived from 13.0x PE, which...
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SCC: Covid Hit to Limit Upswing
We maintain our HOLD rating on SCC with new 1H21E target price of Bt306.00, derived from 12.0x PE, which is its 5 years trading average.•We cut...
315 Views
SCC: Overshadow by Weak Petrochemical Spread
We downgrade our recommendation on SCC to HOLD rating, from BUY, with new 2020E target price of Bt361.00, derived from 12.9x PE, which is PE’20E of...
374 Views
SCC : Still Under the Shadow of Petrochemical Down-Cycle
SCC 3Q19 net profit of Bt6.2bn (-35% YoY, -12% QoQ). Excluding extraordinary losses of Bt1.7bn, recurring profit was Bt7.9bn (-24% YoY, -13%...
373 Views
SCC: Blue Chip You Don’t Want to Miss
We initiate coverage of SCC with a BUY rating and a 2020E target price of Bt542.00, derived from 12.6x PE’20E, which is its 5-year trading average....
468 Views