CHG: Its Resiliency During Covid Seems to Price In
We maintain HOLD rating with 2022E target price of Bt3.40, derived from 38.6x PE, which is its 3-year trading average. We attended analyst...
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CHG: Set for Double Digit Growth in 2021E
We maintain BUY rating with 2021E target price of Bt2.90, derived from a discounted cash flow valuation (WACC = 5.0% and terminal growth = 2.0%)....
253 Views
CHG: Back on Growth Track
We upgrade our recommendation to BUY rating, from HOLD, with new 2021E target price of Bt2.90, from Bt2.65, derived from a discounted cash flow...
278 Views
BCH: 2Q20 Earnings Should Be the Bottom Quarter
Yesterday analyst meeting came out with a neutral tone. We expect 2Q20 earnings to be the bottom quarter, given full quarter impact from COVID-19...
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CHG: Impeded by Covid-19 in 1H20 but Will Recover in 2H20
We maintain HOLD rating on CHG with a 2020E target price at Bt2.65, derived from a discounted cash flow valuation (WACC of 6.0% and terminal growth...
217 Views