North East Rubber Plc. (NER): NER Reported a 2Q23 Net Profit of Bt457mn, Up 20% YoY and 45% QoQ, in Line With Our Projection - Neutral (Fair Value: Bt5.34)
NER reported a 2Q23 net profit of Bt457mn, up 20% YoY and 45% QoQ, in line with our projection. Excluding the extra items relating to FX and...
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North East Rubber - Challenges Behind Downward Earnings Revision
A possible global recession that would weigh on rubber prices and the GPM are the key reasons for our downward revision to NER’s 2023-25E earnings
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North East Rubber - China’s Reopening to Boost Rubber Sales Growth
We maintainan Outperformrating. Our valuation matrix suggests upside to our current FV of Bt7.62/share, based on a required rate of return at 13.6%.
328 Views
Krungthai XSpring Zoom Eng. December 29, 2022
The SET Index is expected to move sideways up, with the resistance at 1,651/1,660 points and the support at 1,640/1,630 points. Tactically,...
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Market Outlook
The SET Index is expected to move sideways, with the resistance at 1,631/1,649 points and the support at 1,612 points (200-day EMA)/1,607 points...
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