PTG: Low Marketing Margin to Drag 4Q21 Earnings to Net Loss
We expect PTG to post a net loss of Bt174m in 4Q21E, a first-time quarterly loss dragged by decline in marketing margin of oil retail business.
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PTG: Recovering Volume Sales to Drive 4Q21 Profit and Ahead
We maintain the BUY rating with a target price of Bt18.0, derived from 20xPE’22E, which is equal to World Consumer Staple sector. We see the...
298 Views
PTG: Earnings Touch Bottom in 3Q21 as Lockdown Hit
PTG reported 3Q21 net profit of Bt63m (-88%YoY, -87%QoQ), falling to a 3-year low. The result came out much lower than our expectation and 9M21 net...
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PTG: Earnings to Dip in 3Q21 and Recover 4Q21 Onwards
We reiterate BUY rating with a target price of Bt23.0, derived from 20xPE’22E which is equal to World Consumer Staple sector.
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Company Update PTG Energy Plc. (PTG)
Solid 1H21 earnings; weak momentum in the quarter ahead, maintain a Buy rating, with the newly revised 2021E TP of Bt19.
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