KBANK: 1Q21 Result Was Better than Expected
KBANK’s net profit in 1Q21 was Bt 10.6 bn (+44.1%YoY, -20%QoQ), or 28% of our full year forecast. We reiterate our BUY rating with a target price...
306 Views
KBANK: Upgrade TP to Factor in Better Loan Growth Prospect
We reiterate our BUY rating with a new target price at Bt169.00 (+13% from previous TP), derived from 0.92x PBV’21E which is higher than Asia-ex...
246 Views
KBANK: Outstanding Loan Growth and Cheap Valuation
We initiate coverage of KBANK with a BUY rating, based on a target price of Bt149, or 0.81xPBV’21E. Our target price is derived from 0.1x PBV-to...
360 Views
AUCT: Safe-Haven Stock in the Thai Market
We initiate coverage of AUCT with a BUY rating, based on a target price of Bt11.5, which is derived from 24xPE’20E, in line with the valuation of...
534 Views