Market Outlook
The SET Index is expected to weaken, with the resistance at 1,630/1,635 points and the support at 1,611 points (50-week EMA)/1,600 points. The...
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Market Outlook
The SET Index is expected to weaken, with the resistance at 1,640/1,650 points and the support at 1,628/1,617 points (200-day EMA). Negative...
89 Views
BCH: Private Chain Hospital with High Sustainable Growth
We initiate coverage on BCH with a BUY rating, based on a target price of Bt21, which is derived from a DCF methodology (WACC 6.8% and terminal...
694 Views
VIBHA: Large Hospital Chain at the Cheapest Price
We initiate coverage of VIBHA with a BUY rating, based on a target price of Bt3.0 derived from 38xPE’19E, which is equal to the stock’s five-year...
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Thai Healthcare: A Sector of Extremes
Thai mainstream hospital chains are all priced at over 35x PE each. On a relative basis, we believe market leader BDMS has the best relative value,...
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