External broker reports(aggregated public sources), Vietcap

Vietcap

External broker reports(aggregated public sources)

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Equity Bottom-Up

<ul><li>We maintain our OUTPERFORM rating for TLG despite raising our target price (TP) by 10%. TLG’s share price has increased 20% in the last five months.</li><li>Our higher TP is driven by higher projected NPAT-MI in 2024F/25F/26F by 6%/4%/4%, respectively, due to a higher projected GPM.</li><li>Additionally, we roll our TP horizon to mid-2025.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

We maintain our OUTPERFORM rating for TLG despite raising our target price (TP) by 10%. TLG’s share price has increased 20% in the last five months.Our higher TP is driven by higher projected NPAT-MI in 2024F/25F/26F by 6%/4%/4%, respectively, due to a higher projected GPM.Additionally, we roll our TP horizon to mid-2025.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Tlg - Robust Export Sales, Gradual Domestic Recovery

Vietnam

Thien Long Group Corporation manufactures office supplies.  The Company produces pens, pen refills, 
files, markers, crayons, oil pastels, water colors, poster colors, pencils, glue, and rulers.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00