EPG: One of the Most Solid Polymer Convertor in the Downstream Sector
We expect FY2021E performance for auto part segment (46% revenue contribution) to remain weak as a result from COVID-19 but will be slightly offset...
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EPG: Low Cost of Materials Trend to Push Earnings up in FY2H20-21E
2QFY20 analyst meeting came out with positive tone. The management expect FY20-21E performance for all business units to recover in terms of...
579 Views
EPG: Silver Lining Is Imminent
1QFY20 analyst meeting came out with positive tone. The management expect all three business units to deliver growth in FY20-21E. We maintain our...
561 Views
EPG: Revising Down Earnings by 9-14% While Maintain Long-Term Outlook
We revise down EPG’s net profit forecast by 9-14% in 2020-22E. However, we still maintain our positive outlook toward earnings recovery in ...
758 Views
EPG: Revising Down Earnings by 10-12% While Long-Term Outlook Still Intact
We revise down EPG’s net profit forecast by 10-12% in 2019-21E. However, we still maintain our positive outlook toward its FY20-21E earnings driven...
660 Views