HMPRO: 2H20 Earnings Momentum Already Priced In
Yesterday analyst meeting came out with a neutral tone. We maintain HOLD rating with a target price of Bt15, which is derived from 33xPE’21E, a 40%...
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The Week that Was in ASEAN@Smartkarma - PAP Retains Power, Rising Sea Ltd, and Cratering Credit Risk
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
476 Views
DOHOME: Fastest Growing Home-Improvement Player in Thailand
We initiate coverage of DOHOME with a HOLD rating based on a target price of Bt12.5. We derive our target price from 25xPE’21E, a 25% discount from...
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HMPRO: The Best Home-Improvement Retailer in Thailand
We initiate coverage of Home Product Center (HMPRO TB) with a BUY rating, based on a target price of Bt15.0, which is derived from 33xPE’21E, a 40%...
504 Views
Central Retail: Initial ESG Assessment Is Impressive
ESG ratings providers take a long time to rate issuers of initial public offerings. If you go through a list of recent large IPOs (e.g., Alibaba,...
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