PTTEP: Possible Earnings Recovery by 3Q20
Last week analyst meeting came out in a neutral tome. We maintain the BUY recommendation with a 2020E target price of Bt97 (WACC 10% and TG 2%), ...
242 Views
The Week That Was in ASEAN@Smartkarma - Singapore Banks, Indonesian Media, and Thai Deals
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
311 Views
PTTEP: 1Q20 Results Above Our Expectation
PTTEP reported 1Q20 net profit of Bt8.6bn (-31%YoY, -26%). The result beat our forecast by 26% due to lower than expected impact on PTTEPs gas...
273 Views
The Week That Was in ASEAN@Smartkarma - Healthy Consumers, Defensive Telcos, and Vulnerable SGREITs.
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
307 Views
PTTEP: Earnings to Cripple by Weak Oil Price
We maintain the BUY rating but revise down the target price by 19% to reflect the weak earnings from oil price plunge due to COVID-19 pandemic and...
411 Views