VGI: Improving Profitability Is a Core Priority Ahead of Expanding Revenue
2QFY20 Analyst meeting came out with a neutral tone. We maintain our FY20-21E earnings outlook and HOLD rating with target price at Bt10.80 derived...
433 Views
VGI: Moving Beyond Bt15bn Worth of Thai OOH Ads Market
1QFY20 Analyst meeting came out with a positive tone. We maintain our FY20-21E earnings outlook and BUY rating with target price at Bt10.80 derived...
588 Views
VGI: OOH Media, Digital Payments and E-Commerce in One Basket
We initiate coverage of VGI with a BUY rating, based on a target price of Bt10.80 derived from a sum-of-the-parts methodology and implying a 2.1x...
672 Views
VGI Global Media Placement: High Growth Monopoly with Good Returns from Past Deals
VGI's main shareholder BTS is selling USD 129 million worth of shares post market close today. In this insight, we will provide quick thoughts on...
780 Views
Snippets #22: New Transit Ad Giant, Duty Free Rivalry
Five interesting news flow/development during this period: New regulations proposals. The BOT recently discussed measures to rein in overly...
641 Views