DOHOME: Expect SSSG Stronger than Peers in 2H20 and 2021
We upgrade from HOLD to BUY rating with a new target price of Bt16.5 based on 33xPE’21E (Previous TP is Bt12.5), which is close to the biggest...
203 Views
GLOBAL: Home-Improvement Player Eyes Opportunities in ASEAN
We initiate coverage of GLOBAL with a HOLD rating, based on a target price of Bt20.5, which is derived from 33xPE’21E, close to the average of the...
347 Views
HMPRO: 2H20 Earnings Momentum Already Priced In
Yesterday analyst meeting came out with a neutral tone. We maintain HOLD rating with a target price of Bt15, which is derived from 33xPE’21E, a 40%...
303 Views
DOHOME: Fastest Growing Home-Improvement Player in Thailand
We initiate coverage of DOHOME with a HOLD rating based on a target price of Bt12.5. We derive our target price from 25xPE’21E, a 25% discount from...
366 Views
HMPRO: The Best Home-Improvement Retailer in Thailand
We initiate coverage of Home Product Center (HMPRO TB) with a BUY rating, based on a target price of Bt15.0, which is derived from 33xPE’21E, a 40%...
310 Views