SCCC : 3Q22 Earnings Disappoint, but to Improve in 4Q22
We keep our BUY call with a new TP of Bt165.00, based on 13.0xPE’23E. Its 3Q22 results came in at Bt603m (-11%YoY, -56%QoQ). Our rating reflects...
418 Views
SCCC : Equity Income Was Key Driver to 2Q22 Result
We maintain our BUY rating but cut TP by 6% to Bt174 by roll-over target PE to 12.8xPE’23E, which is pegged to -1SD of its 10-yrs trailing mean....
403 Views
SCCC: Gradual Recovery Intact
Maintain BUY rating with a new TP of B185.00 (down 9% from previous TP) derived from 13.2xPE’22E which is close to -1SD of 10-years trading average.
388 Views
SCCC: Cement Sets to Swing into Recovery Mode in 2022
Reiterate BUY rating with TP of Bt202 based on 14.4xPE’22E, which is close to -1SD of its 10-years mean. Our rating factors in robust outlook on...
287 Views
SCCC: Expect 3Q21 Earnings to Be Bottom Quarter
We expect its core earnings to drop to the seven quarter low in 3Q21 then should rebound in 4Q21 onwards. We maintain our BUY rating and rollover...
473 Views