EASTW: Earnings Growth Could Turn Positive in 2019 Led by Demand Side
We maintain EASTW with a BUY rating based on a target price of Bt17.00, which is derived from the DCF methodology (WACC 7% and terminal growth of...
586 Views
EASTW: Mild Drop in Sales of Raw Water and a Slight Fall in Margins
EASTW reported 1Q18 net profit at Bt303m (-16%YoY, +32%QoQ). The 1Q18 result was in line with our forecast and accounted for 25% of our full-year...
111 Views
EASTW: Water Monopoly to Ride Wave of Growth Along Eastern Seaboard
We initiate coverage on EASTW with a BUY rating and based on a target price of Bt16.40, which is derived from the DCF methodology (WACC 6.6% and...
159 Views
TTW: Largest Private Tap-Water Producer in Thailand
We initiate coverage on TTW with a BUY rating, based on a target price of Bt16.4, which is derived from TTW core business by DCF methodology (WACC...
372 Views