SCGP: Elevated Product Prices to Drive Core Profit in 1Q22
Maintain BUY rating with a new TP of B66.00 (down 8% from previous TP),based on 30.8xPE’22E which is close to its -1SD of 3-years trailing average....
218 Views
SCGP: 4Q21 Earnings Result In-Line with Expectation
Upgrade to BUY rating with a TP of Bt72, based on 30XPE’22E, which is derived from 2-years trailing average. The recent share price drawdown of 14%...
169 Views
SCGP: Expect 4Q21 Earnings to Grow QoQ
Downgrade to HOLD rating due to limited upside, with a TP of Bt72, based on 30xPE’22E, derived from 2-years trailing average. Share price which is...
204 Views
SCGP: 3Q21 Result Dip QoQ, 10% Below Our Forecast
SCGP posted 3Q21 earnings of Bt1.78bn (+33%YoY,-21%QoQ), the drop in QoQ was pressured by margin contraction. Maintain BUY rating with a TP 0f...
82 Views
SCGP: Expect 3Q21 Earnings to Soften QoQ Due to Lockdown Impact
We expect 3Q21 earnings at Bt1.97bn (+48% YoY, -13% QoQ), slipping to the three quarter low due to weaken demand from ASEAN lockdown, but should...
185 Views