Weak 2Q25 Earnings; Eyes on 4Q25E
We maintain a Buy rating as the share price still implies 38% upside compared to the new fair value (FV) of Bt18.30 (previously Bt17.20). From a...
88 Views
Master Style - Multiple Negative Factors Persist, but Largely Priced In
We upgrade our rating to Buy (previously Outperform), as the sharp decline in the share price over the past two weeks appears to overly reflect...
332 Views
Master Style - 1Q25 Margin Pressure More Severe than Expected
We maintain our Outperform rating, supported by a strong EPS growth outlook at a CAGR of 11.7% over the next two years, compared to the industry...
277 Views
Master Style - 1Q25E Earnings Surrounded by Negatives
We maintain our Outperform rating, as the growth outlook (measured by the 2-year forward EPS growth rate) in the valuation metrics remains strong,...
295 Views
Master Style - 4Q24 Profit Hit an All-Time High as Expected
We maintain an Outperform rating, as the valuation metrics indicate attractiveness from a fundamental perspective, with 75% upside to the fair value.
416 Views