SAPPE: New Products Support 4Q20 Earnings to Grow YoY
Despite low season quarter in 4Q20, we expect earnings to grow YoY driven by launching of new products. We believe current share already priced-in...
217 Views
SAPPE: Expect 4Q20 Earnings to Grow Slightly YoY
Yesterday analyst meeting came out with a neutral tone. We still expect 4Q20 earnings to drop QoQ from low season but still grow YoY, resulting in ...
229 Views
SAPPE: 3Q20 Earnings Back on Track to YoY Growth
SAPPE reported 3Q20 net profit of Bt133m(+30%YoY, +60%QoQ). The 9M20 result was 84% of our full-year forecast. We maintain BUY rating with new...
278 Views
SAPPE: Expect Earnings Recovery in 3Q20
SAPPE reported 2Q20 net profit of Bt83m(-39%YoY, +1%QoQ). The 1H20 result was 54% of and in-line with our full-year forecast. We maintain BUY...
240 Views
CBG: C+ LOCK Would Be a New S-Curve
Last week analyst meeting came out with a positive tone. We maintain BUY rating with a target price of Bt110 based on 33xPE’20E, close to the Thai...
132 Views