RS: Stream of New Products Launch in 2021
We maintain HOLD rating with 2022E target price at Bt24.00, derived from 30x PER, which is +1SD of its 3-year trading average of forward PE.
196 Views
RS: Ambitious Goal for 2021
We upgrade our recommendation on RS to BUY rating, from HOLD, with new 2022E target price at Bt24.00, from Bt16.70, derived from 30x PER, which is...
210 Views
RS: Entering Finance Businesses Focused on AMC
On January 18th, 2021, RS announced the board of directors’ resolutions to acquire 35% of newly issued shares of Chase Asia Co., Ltd. and its...
256 Views
The Week that Was in ASEAN@Smartkarma - Let's Get Digital, BNI's Pains, and Diagnostic Labs
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
208 Views
Silicon Stories N: Humanica and RS Tout Their Online Credentials
These stocks trade over 30x PE, but they didn't stop growing when the pandemic hit. RS pushes products with celebrity endorsement, while Humanica...
267 Views