North East Rubber - Earnings Revised Down but Growth Trend Intact
The valuation metrics indicate that the current stock price is still undervalued (with 15% upside to our fair price) and earnings growth remains...
111 Views
North East Rubber - Expect Stable 2Q24E NP; Stronger Earnings Momentum in 2H24E
We expect flat 2Q24E net profit YoY and QoQ and stronger earnings momentum in 2H24E HoH. Our positive view on the outlook for rubber prices and an...
143 Views
North East Rubber - In-Line 1Q24 Core Profit, with Stronger Momentum in 2Q24E
The 1Q24 earnings were as strong as expected, with further momentum likely in 2Q24E when average selling prices will fully reflect rising rubber...
357 Views
North East Rubber - Solid 1Q24E Core Profit, with Stronger Momentum in 2Q24E
Since we recommended taking profit on rubber stocks in mid-March when rubber prices peaked, NER's share price has dropped by around 14%, reflecting...
119 Views
Economic Update – Exports & Imports - October 30, 2024
KTX expects the trade balance to continue showing surpluses for the remainder of the year, following a second consecutive monthly surplus in...
157 Views