AUCT: Expect Auction Volume Hit the Record High in 4Q21
We reiterate our BUY rating with a target price of Bt14.5, derived from 25xPE’22E, which is its five-years average trading range, implying a 25%...
311 Views
AUCT: Expect 2Q21 Earnings Should Be the Bottom Quarter of the Year
We reiterate our BUY rating with a target price of Bt15.75 derived from 25xPE’22E, which is its five-years average trading range, implying a 25%...
285 Views
AUCT: Auctioned Vehicle Volumes Grow in Line with Rising NPL Trend
We upgrade AUCT from HOLD to BUY with a target price of Bt15.75 (Previous TP: Bt10), derived from 25xPE’22E, which is its five-years average...
338 Views
AUCT: 3Q20 Earnings Was Pressured by Debt Moratorium Policy
We downgrade AUCT rating from BUY to HOLD rating with a new target price of Bt10 (Previous TP of Bt14). The downgrade reflected lower-than-expected...
393 Views
AUCT: Raising Commission Fee Will Boost 2H20 Performance
We came out with a positive tone after yesterday analyst meeting on the backs of raising commission fee by 12.5% and rising NPL haul up vehicle...
432 Views