Expect 3Q21 Earnings to Be Bottom of This Year
We maintain our target price of Bt17.6, while we downgrade the recommendation to HOLD due to limited upside from current share price. Our valuation...
178 Views
ILM: Back to Growing Phase
Yesterday analyst meeting came out with a positive tone. The management aims for triple digit growth in online sales and plans to expand Younique...
348 Views
ILM: Expect 4Q20 Earnings Improve Both YoY and QoQ
We reiterate our BUY rating but lower our target price as we downgrade our earnings forecasts and our target price by 18% to Bt18 (Previous TP of...
230 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