EASTW: Earnings Growth Could Turn Positive in 2019 Led by Demand Side
We maintain EASTW with a BUY rating based on a target price of Bt17.00, which is derived from the DCF methodology (WACC 7% and terminal growth of...
745 Views
Small Cap Diary: MEGA, Eastwater
Small caps have an easier time scaling up in good times, but can get hit much harder by liquidity in the bear markets. Anyway, it's still good to...
802 Views
EASTW: Mild Drop in Sales of Raw Water and a Slight Fall in Margins
EASTW reported 1Q18 net profit at Bt303m (-16%YoY, +32%QoQ). The 1Q18 result was in line with our forecast and accounted for 25% of our full-year...
293 Views
EASTW: Water Monopoly to Ride Wave of Growth Along Eastern Seaboard
We initiate coverage on EASTW with a BUY rating and based on a target price of Bt16.40, which is derived from the DCF methodology (WACC 6.6% and...
365 Views
TTW: Largest Private Tap-Water Producer in Thailand
We initiate coverage on TTW with a BUY rating, based on a target price of Bt16.4, which is derived from TTW core business by DCF methodology (WACC...
565 Views