HMPRO: Expect 3Q21 Earnings to Be Bottom of This Year
We maintain BUY rating for HMPRO and roll over target price to Bt16.10 (+7% from Previous TP), derived from 33xPE’22E, or implying 40% premium to...
167 Views
HMPRO: Expect 3Q21 Earnings to Drop Both QoQ and YoY
Yesterday analyst meeting came out with a negative tone. We maintain BUY rating with a lower target price of Bt15.0 (-4% from Previous TP), which...
228 Views
HMPRO: Expect 2Q21 Earnings Recover YoY from Low Base
Yesterday analyst meeting came out with a positive tone. We maintain BUY rating with a target price of Bt15.6, which is derived from 33xPE’21E, a...
282 Views
ILM: King of Home Furnishing Retailers in Thailand
We initiate coverage of ILM with a BUY rating, based on a target price of Bt22.0, which is derived from 15xPE’21E, close to its average trading...
263 Views
DOHOME: Solid SSSG Drove 3Q20 Earnings to Grow YoY
We expect 4Q20 earnings performance to grow YoY, but flat QoQ driven by government stimulus scheme and improving margin from higher retail sales...
256 Views