TOA Paint (Thailand) (TOA TB) - An Unfortunate Turn of Events
TOA Paint is Thailand's leading decorative paints player, with a good track record but has been sold off due to its association with beleaguered...
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TOA : Promising 4Q22 Outlook but Limited Upside
We downgrade to HOLD from BUY, with a target price of Bt35.00. While, our neutral rating is merited on the limited upside, we still adore the stock...
350 Views
The Stocks to Own in Thailand – Vol. 39
We highlight 14 stocks in Thailand that look interesting to us based on our FVMR Methodology. Portfolio changes: Nine stocks remain, five new join...
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TOA : Rising Raw Material Cost Already in the Price
Maintain BUY recommendation for TOA and roll over target price to 1H23 at Bt35 (Previous TP of Bt32). Excluding extraordinary items, core profit...
351 Views
TOA: Squeeze Margin Pressured 1H22 Earnings
Yesterday analyst meeting came out with a negative tone. We expect TOA net profit in 1H22 to weaken YoY due to an increase in raw material cost in...
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