TKN: 1Q21 Earnings Decreased YoY but Recovered QoQ
We downgrade our recommendation to HOLD rating, from BUY, with new 2022E target price of Bt7.40, from Bt12.50, derived from 25xPE’22E. The cut was...
197 Views
TKN: Weak Sales Hit 4Q20 Performance
TKN had net loss in 4Q20 at Bt21m, plunged from net profit of Bt188m in 4Q19 and Bt89m in 3Q20. Excluding one time expenses, recurring profit was...
230 Views
TKN: New Products and Cost Saving to Push It Back to the Old Day Glory
We maintain BUY rating with 2021E target price of Bt12.50, derived from 30.8xPE, which is -1SD of its 4-year trading average. TKN held analyst...
385 Views
TKN: Shifting Vision to Food Innovation Business
We maintain BUY rating with 2021E target price of Bt12.50, derived from 30.8xPE, which is -1SD of its 4-year trading average.
274 Views
The Week that Was in ASEAN@Smartkarma - Digital Enhancements, Cheap Banks, and Buybacks
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
248 Views