ORI: 1Q22 Earnings In-Line with Our Forecast
ORI’s 1Q22 net profit was at Bt 738m (-11%YoY, -9%QoQ), in line with our forecast. Excluding special items from sell of investment at Bt 297 m,...
202 Views
ORI: 1Q22 Earnings Will Drop YoY and QoQ
We maintain BUY with a new TP of Bt13.00 (previous at Bt13.70), based on 9.8xPE’22E, 5% discount from its 5 years trading average . We have...
215 Views
ASEAN Builder's Scoop (2Mar22) - LHN Opens 2 Co-Living Hotels in Katong Area
SC Cap Partners launches DC platform; ALI FY21 earnings boosted by property dev't; ORI looks to spin off 3 subs in 2022-24; SPSB plans MYR4bn new...
119 Views
ORI: 4Q21 Earnings Will Be the Peak Quarter in 2021
We expect its 4Q21 net profit to be the peak quarter at Bt922 m (+44%YoY, +30%QoQ), driven by higher real estate sales recognition and rising...
218 Views
ORI: Origin Next Level
We maintain BUY rating with a target price of Bt10.3 based on 7.5xPE’22E, the average of top 10 stocks in the Thai Real Estate sector. Our target...
133 Views