OR: Positive 2022 Outlook from Revamping Oil and F&B Sales
Yesterday analyst meeting came out in a neutral tone, we expect the dip in oil marketing margin (diesel price cap) to persist till 1H22, while...
221 Views
OR: Revamping Oil Sales Volume to Drive 4Q21 Earnings
We maintain the HOLD rating with a target price of Bt27.0, derived from SOTP methodology. Our TP implies 26xPE’21E, or a 7% discount from the Asia...
204 Views
OR: Sluggish 3Q21 Earnings Outlook from Lockdown
We maintain the HOLD rating with a target price of Bt27.0, derived from SOTP methodology. Our TP implies 26xPE’21E, or a 7% discount from the Asia...
391 Views
OR: Expect Earnings Drop in 2Q-3Q21 from Lockdown
We maintain a HOLD rating with a target price of Bt27.0, derived from an SOTP methodology. Our TP implies 26xPE’21E, or a 7% discount from the Asia...
240 Views
OR: Leading Oil Conglomerate with Growth Potential
We initiate coverage of OR with a HOLD rating and a 2021E target price of Bt27.0. Our valuation is derived from an SOTP methodology, which values...
297 Views