SCC: IPO of SCGC Will Unlock Potential Growth
Maintain BUY rating, with a TP of Bt445, based on 10.6xPE’22E, which is Asia ex-Japan Materials Sector. The recent SCGC spin-off deal provides a...
409 Views
SCC: CBM & Packaging Are White Knights to Drive 2022 Earnings
We expect 4Q21 earnings to recover from 3Q bottom quarter, driven by higher petrochemical spreads, gradual rise in CBM demand volume, and...
430 Views
SCC : Earnings Should Retreat in 2H21E
We maintain HOLD rating with 2022E target price of Bt445.00, derived from 12.5xPE’22E, which is its 3-year trading average. Given the earnings...
229 Views
SCC : Expected Strong 2Q21E but Would Lose Momentum in 3Q21E
We downgrade our recommendation to HOLD rating, from BUY, with new target price of Bt445.00, -19% from Bt553.00 previously, valued from Sum of the...
249 Views
SCC : On the Way to Unlock Chemical Business’s Value
We maintain BUY rating with new 2022E target price of Bt553.00, from Bt462.00, valued from Sum of the Parts valuation, divided to i) Petrochemical...
452 Views