Bangchak Corporation -In-Line 3Q24 Net Loss Due to Stock Losses
The 3Q24 results turned to a loss as expected (due to sustained low refining margins and stock losses). We maintain our earnings forecast.
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Bangchak Corporation - Expect Net Loss in 3Q24E; Revised Down GRM/Earnings Forecasts
Given the anticipated reversal to a loss in 3Q24E (due to sustained low refining margins and stock losses), we have revised down our refining...
132 Views
Bangchak Corporation - In-Line 2Q24 NP; Weak Core Earnings, Offset by Extra Gains
The 2Q24 earnings were in line with the expectation. The company’s share price has already priced in the negatives, including the weaker market GRM...
302 Views
Bangchak Corporation - Weak Core Earnings to Be Offset by Extra Gain in 2Q24E
We revise down the 2024-26E earnings forecasts to reflect a weak market GRM in 2Q24E and to be conservative. We estimate the 12M FV at Bt43.0 (vs....
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Monthly Report: October 2024
KTX expects the index to move in a sideways up pattern, with resistance at 1,472/1,494 points and support at 1,423/1,405 points.
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