LH: 1Q22 Earnings Will Grow YoY
Maintain our BUY rating with a TP of Bt11.20, derived from SOTP and implies 13.4xPE’22E, +0.5SD from its five years trading average. Our rating...
506 Views
LH: 4Q21 Earnings Will Be the Peak Quarter This Year
We expect its 4Q21 net profit to be the peak quarter at Bt1.95 bn (-17%YoY, +49%QoQ), driven by recovering contribution from equity income (HMPRO...
584 Views
LH: Expect 2Q21 Presales to Soften Down QoQ and YoY
We anticipate LH’s property segment in 2Q21 to soften down YoY and QoQ in terms of presales and transfer revenue owning to a disappearance of new...
352 Views
LH: Positive Toward 2021 Business Plan
We maintain LH with a BUY rating and a new target price of Bt9.50 (previous TP: Bt8.60) derived from an SOTP methodology while implies 14.6xPE’21E,...
478 Views
LH: Expect 4Q20 Core Earnings to Be the Highest Level of 2020
We maintain LH with a BUY rating and a new target price of Bt8.60 (previous TP: Bt8.50) after revised EPS up 5% in 2021E. Our target derived from...
295 Views