WICE: 2019 Growth Outlook Remains Intact
We maintain a BUY rating on Wice Logistics (WICE TB) with a new target price of Bt7.50 based on 32.5xPE’19E, which is the average of Thailand peers...
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The Week that Was in ASEAN@Smartkarma - Discover Sing, Beauty, and the Indonesian E-Commerce Boom
This week's offering of 31 Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
219 Views
WICE: Fall in Margin and Rising in SG&A Caused YoY Earnings Drop
The company reported 1Q18 net profit at Bt18.6m (-23%YoY and +58% QoQ.). The 1Q18 result was substantially under our forecast and accounted for...
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WICE: Fall in Margin Caused a YoY Drop in 4Q17 Earnings
4Q17 EPS was Bt0.018 (-57%YoY and -57% QoQ. The company produced a 2017 EPS of Bt0.14, which was up 17% YoY and was 12% below our full-year...
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The New Year's Week that Was in ASEAN@Smartkarma - Taxes, Beer, and Optimism
This week's voluminous offering includes insights published over the Festive period and is, as always, packed with an eclectic mix of insights,...
243 Views