Asia Sermkij Leasing - Capital Increase Aims to Boost Confidence, Not Due to Liquidity Issues
We maintain our Outperform rating with a new 12-month fair value (12M FV) of Bt7.80 (previously Bt10.50), based on the earnings yield method with a...
210 Views
Asia Sermkij Leasing - Downbeat 4Q24 Earnings; Slightly Lower Provision QoQ
We maintain an Outperform rating with a 12M fair value (FV) of Bt10.00, based on the earnings yield method with a required return of 7.9%.
186 Views
Asia Sermkij Leasing - 4Q24E Earnings to Have Contracted Both YoY and QoQ
We maintain an Outperform rating with a new 12-month fair value (12M FV) of Bt10.00 (previously Bt13.50), following a 13-15% downward revision to...
224 Views
Asia Sermkij Leasing - Weak Asset Quality as Expected
We maintain our Outperform rating with a fair value of Bt13.00, based on a required return of 7.1%. The valuation metrics indicate that the current...
188 Views
Asia Sermkij Leasing - 3Q24E Earnings Unlikely to Have Recovered
We maintain an Outperform rating as the long-term profit growth prospects remain strong, with expected growth at a CAGR of 41% in 2025-26E,...
170 Views