ICHI : Healthy Outlook in 2H22
Maintain BUY recommendation for ICHI with a target price of Bt10.3 Ichitan Green Tea Honey Lemon sales drove total ICHITAN portfolio to grew YoY...
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ICHI: Disappointing 1Q22 Result Already in the Price
ICHI reported 1Q22 net profit at Bt104m (-15%YoY, -22%QoQ). The 1Q22 result came out lower than our expectation. Excluding one-time tax items of...
484 Views
ICHI: Strong Earnings Momentum with Attractive Dividend Yield
We reiterate our BUY rating for ICHI with a target price of Bt13.0 based on 25xPE’22E, the five-years average trading range and close to Thailand...
300 Views
ICHI: Bright Outlook in 2022 and Beyond
Analyst meeting came out with a positive tone. we expect 2022-24E earnings to continue to grow at 19%CAGR supported by new products launch and...
261 Views
ICHI: Terpene Products to Be the Key Highlight in 2Q21
We reiterate our BUY rating with a target price at Bt16.50, derived from 26.6xPE’21E which is equal to Asia-ex Japan consumer staple peer, slightly...
338 Views