EASTW: Negative Tone Towards Long-Term Earnings Outlook
Regarding the concern over incapability of EASTW to extend concession water pipeline system belonged to the Treasury Department, we have concluded...
189 Views
EASTW: Expect 4Q21 Earnings to Expand YoY but Drop QoQ
We expect the company to report 4Q21 net profit at Bt169m (+7%YoY, -26%QoQ). YoY expansion will be supported by benefit from selling price...
205 Views
EASTW: Expect Earnings to Expand 71% YoY in 3Q21 from a Low Base
We expect the company to report 3Q21 net profit at Bt241m (+71%YoY, -13%QoQ). YoY expansion will be supported by demand recovery from industrial...
327 Views
EASTW: Expect Earnings to Expand 123% YoY in 2Q21 from a Low Base
We maintain EASTW with a BUY rating while raise target price after EPS revision to Bt12.60 (Previous TP: Bt12.50), derived from DCF or equivalent...
351 Views
EASTW: Surging Electricity Cost Pressured Margin at Least Until 4Q19
We maintain EASTW with a BUY rating with a target price of Bt16, which is derived from the DCF methodology (WACC 7% and terminal growth of 1%) or a...
427 Views