BCP: Positive 2H20 Earnings Outlook
Yesterday analyst meeting came out in a slight positive tone. We maintain the BUY recommendation with a target price of Bt25 derived from a...
277 Views
BCP: Offers Cheap Valuation with Earnings Upcycle Ahead in 2H20
We reinitiate coverage of BCP with a BUY rating, based on a 2021E target price of Bt25, which is derived from a sum-of-the-parts (SOTP)...
364 Views
SPRC: A Harsh Year for Refineries
We revise down company’s earning to the loss of Bt956m in 2020E and also trim our target price by 50% to Bt5.7 (from Bt11.6), derived from...
382 Views
BCP: Better Refinery Outlook in 4Q19 and Beyond
Yesterday analysts meeting came out with a positive tone. We maintain our BUY rating and a target price of Bt33 based on SOTP, implying to...
386 Views
BCP: More Stable Income with an Attractive Yield
We initiate coverage of BCP with a BUY rating, based on a target price of Bt41, which is derived from a sum-of-the-parts (SOTP) methodology and...
526 Views