Asia Sermkij Leasing ASK
ASK reported a 2Q24 net profit of Bt82mn, down 75.5% YoY and 52.6% QoQ, below our estimate of 14.7% due to higher-than-expected...
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Asia Sermkij Leasing - Lower 2Q24E Earnings YoY and QoQ
We downgrade our rating to Neutral (from Buy) with a new fair value (FV) of Bt12.44 (vs. Bt18.39), mainly due to a downward revision to our...
168 Views
Ask -Earnings Forecasts Revised Down to Reflect Surging Costs to Income
ASK’s share price implies approximately 25% upside to the fair value, with limited tactical downside risk and strong earnings growth.
414 Views
Asia Sermkij Leasing - In-Line 1Q24 NP
We maintain a Buy rating, with a fair value of Bt20.66, based on the earnings yield and a required rate of return of 10.8%.
212 Views
Asia Sermkij Leasing -1Q24E NP Expected to Have Recovered Slightly QoQ
The long-term earnings growth is expected to be strong, with EPS growth forecast at a CAGR of 24.4% in 2025- 26E. Meanwhile, the tactical downside...
359 Views