CBG: Expect 3Q21 Earnings Fell to the Lowest in Nine Quarters
We expect 3Q21 earnings should be the bottom quarter of the year. We reiterate our BUY rating with a lower target price of Bt159 (-4% from Previous...
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CBG: Weak Short-Term Performance but Solid Long-Term Growth Outlook
Yesterday analyst meeting came out with a negative tone as 2H21 gross profit margin softer-than-expected. However, we maintain our 2021 net profit...
477 Views
CBG: Expect 2Q21 Earnings Improve QoQ
We reiterate our BUY rating with a higher target price of Bt165 (+5% from Previous TP) based on 35xPE’22E, the average of the Thailand energy drink...
420 Views
CBG: China Market Is a Key Growth Driver in the Next Three Years
Yesterday analyst meeting came out with a positive tone. We upgrade CBG from HOLD to BUY rating and roll over target price to Bt157 (+31% from...
321 Views
CBG: Ample Opportunity in New Functional Drink Products
We maintain CBG with a BUY rating. Given a positive earnings outlook, our forecast and target price are subject to revise up after earnings...
374 Views