ENTITY
Siam Cement

Siam Cement (SCC TB)

275
Analysis
Materials • Thailand
Siam Cement Group (SCG) is a diversified industrial conglomerate operating in cement-building materials, chemicals, and packaging. It manufactures and distributes products such as cement, ready-mixed concrete, olefins, polyolefins, and integrated packaging solutions. The company is headquartered in Bangkok, Thailand, and was founded in 1913.
more
bullish•Siam Cement
•02 Aug 2021 10:04•Broker

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...

bullish•Siam Cement
•22 Jul 2021 10:23•Broker

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...

bullish•Siam Cement
•30 Apr 2021 10:45•Broker

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...

bullish•Siam Cement
•16 Apr 2021 09:45•Broker

SCC : The Time Has Come

We upgrade our recommendation to BUY rating, from HOLD, with new 2021E target price of Bt462.00, from Bt359.00, valued from Sum of the Parts...

bullish•Siam Cement
•29 Jan 2021 11:41•Broker

SCC : Gradually Recover from Covid

We maintain HOLD rating, with 2021E target price of Bt359.00, derived from 12.9x PE, which is its 7 years trading average. SCC held analyst...

x