JUBILE: Gross Profit Growth Causes Increase Bottom Line Growth
JUBILE reported 1Q18 net profit of Bt47m (+41%YoY, -26%QoQ). The 1Q18 result was 20% of our full-year forecast and in line with our forecast....
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PDJ: The Struggling Jeweler of Bangkok
Pranda was the last company visit in March this year. We gotta admit that things aren't going quite so well for them as it has for cross-town rival...
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JUBILE: 12% Sales Growth Causes Increase Bottom Line Growth
JUBILE had 4Q17 recurring EPS of Bt0.36 (+29%YoY, +41%QoQ). The FY2017 recurring EPS was Bt1.06 (+17%YoY) and was 12% better than our...
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JUBILE: Nation's Biggest Retailer of Diamond Jewelry
We initiate coverage on JUBILE with a BUY rating, based on a target price of Bt32 derived from 23.6xPE’18E, which is the five-year average trading...
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The CIO's Corner: Iran Sanctions, Eurozone Breakdown, and Importers
In this review, we add PTT and Thai Union to our list of top picks. Energy prices are likely set to rise with renewed Iran sanctions, and a third...
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