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,...
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WICE : 3Q22 Net Profit Fell to Five-Quarter Low
We maintain HOLD recommendation for WICE with a new target price of Bt12.0. (Previous TP: Bt12.60) after derated PE multiple to 14.5xPE’23E (...
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WICE : Earnings Remain Solid, but Has Already Reached Its Peak
We downgrade WICE to HOLD with a new target price of Bt12.60. (Previous TP: Bt19.30) after revised earnings down by 8-15% in 2022-23E. We...
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WICE: Earnings Still Continue to Expand in 2022 with Potential Upside
Expect impact from an expected drop in sea freight rate (50% of WICE revenue link to this freight price) is likely to be offset by an increase in...
507 Views
WICE: Expect Strong Earnings Growth Momentum to Persist in 2022E
We maintain WICE with a BUY rating while roll over target price to Bt27.10 (previous TP:16.70) ,derived from 27.4xPE’22E ( +0.5 S.D. five-year...
527 Views