AWC : Solid Long-Term Earnings Growth, but on Demanding Valuation
Expect the company’s core operation to turn profit in 4Q22, supported by solid recovery in hotels’ RevPar and lower rent discount given to tenants...
238 Views
AWC : On Its Pace of Gradual Recovery
Maintain HOLD rating for AWC after rolled over target price to Bt5.40 (Previous TP:4.50). We expect the company earnings in 2H22 to grow strongly...
321 Views
AWC: Long-Term Earnings Growth Profile Remains Intact
Expect EBITDA-break-even period for hospitality business by the second half of 2022Ewhen the foreign tourists arrive at a pace of at least 400k...
339 Views
AWC: Clearer Picture for Hotel Business Is Expected to Be Seen in Early 2022
The management expect to see performance for hospitality business to pick up from the 2H21 trough in 1Q22. Meanwhile, we anticipate EBITDA...
212 Views
AWC: Slower-Than-Expected Recovery in Hospitality Revenue
We anticipate EBITDA breakeven period for hospitality business to be postponed until mid 2Q22 while expecting AWC’s earnings recovery at a faster...
426 Views