Monthly Report: October 2024
KTX expects the index to move in a sideways up pattern, with resistance at 1,472/1,494 points and support at 1,423/1,405 points.
319 Views
Cp All - Expect 3Q24E Core Profit to Grow 39% YoY but Fall 4% QoQ
KTX maintains an Outperform rating with a 2025 fair value of Bt64.80 (up from Bt62.17), using the earnings yield method based on a required return...
240 Views
Cp All - 2Q24 Earnings Growth of 37% YoY and 2% QoQ, 6% Better than Expected
KTX has shifted its rating to Outperform (from Buy) as the recent share price increase has reduced the upside to just 7% relative to our 12M FV of...
263 Views
Cp All - 2Q24E Core Profit to Grow 30% YoY but Fall 3% QoQ
KTX switches to a Buy rating (vs. Outperform previously), with a 12M FV of Bt62.17, based on the earnings yield and a required return of 4.6%,...
268 Views
Economic Update: Central Banks >>> FED & ECB
While the ECB decided to cut the policy interest rate for the first time in five years to mitigate economic slowdown pressures, the Fed maintained...
246 Views