Fresh Outlook in 2H20 from New Vitamin Water
Yesterday analyst meeting came out with a slight positive tone. We expect 3Q20 earnings to slightly drop from its seasonal peak (2Q20) but still...
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M: Rapid SSSG Recovery with Potential Growth from Seafood Restaurant
We came out with a positive tone after yesterday analyst meeting driven by MK’SSSG recovery rapidly after lockdown easing. We expect COVID-19...
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ICHI: New S Curve from Functional Drink
We initiate coverage of ICHI with a BUY rating and a 2021E target price of Bt10.10, derived from 22.9xPE’21E which in line with the average of the...
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CBG: Valuation Running Ahead of Fundamentals
We initiate coverage of CBG with a HOLD rating, based on a target price of Bt89, which is derived from 33xPE’20E, close to the average of the...
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M: Big-Three Chain Restaurant Giant Ramps up Brands and Networks
We initiate coverage on M with a BUY rating, based on a target price of Bt96 and derived from 31xPE’18E, which is the +2SD of three-year average...
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