GGC: Muted 2H22 Growth Expectations
Last week analyst meeting came out in a negative tone. Maintain HOLD rating with a new TP of Bt13.00 (down 9% from previous TP) based on...
374 Views
GGC: Upside Potential Is Limited in the Medium Term
Maintain HOLD rating given limited upside from current market price, with a TP of Bt14.20 based on 1.4xPBV’22E, which is ASIA ex-Japan Material...
342 Views
GGC: Growth Momentum in 4Q21 Priced In
Downgrade to HOLD rating due to limited upside from current market price, with a TP of Bt14.60 based on 1.4xPBV’22E, which is ASIA ex-Japan...
250 Views
GGC: Improve Volume to Drive 4Q21 Earnings
Yesterday analyst meeting came out with a positive tone. We expect GGC’s earnings to remain at a high level, backed by rising sales volume and...
475 Views
GGC: Expect 3Q21 Earnings to Reach 3-Quarter High
We expect 3Q21 earnings at Bt217m (+117%YoY, +171%QoQ), soaring to the three-quarter high, on the back of margin expansion. •Expect gross margin to...
158 Views