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Union Auction

Union Auction (AUCT TB)

27
Analysis
Consumer Discretionary • Thailand
Union Auction Public Company Limited is a Thailand-based company specializing in providing auction services for a variety of assets. The company primarily auctions automobiles and motorcycles, often those seized by financial institutions, and has expanded to include other assets like land, houses, furniture, and brand-name products. Established in 1991, Union Auction is headquartered in Bangkok, Thailand.
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bullish•Union Auction
•29 Apr 2020 10:16•Broker

AUCT: Expected 1Q20 Earnings to Grow YoY

We maintain our BUY rating with a new target price of Bt9.6 based on 20xPE’20E which is Thai consumer discretionary sector.Update: Expect AUCT to...

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bullish•Union Auction
•25 Oct 2019 10:47•Broker

AUCT: Safe-Haven Stock in the Thai Market

We initiate coverage of AUCT with a BUY rating, based on a target price of Bt11.5, which is derived from 24xPE’20E, in line with the valuation of...

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