A director at Mk Restaurant Group Plc bought 100,000 shares at 16.700THB and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two ye...
The general evaluation of MK RESTAURANT GROUP (TH), a company active in the Restaurants & Bars industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date February 25, 2022, the closing ...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
GREATER CHINA Results Baoshan Iron & Steel (600019 CH/BUY/Rmb8.54/Target: Rmb9.56): 1Q21: Robust results in line; raw material cost hike partially weakened margin expansion. Goldwind Science & Technology (2208 HK/BUY/HK$13.22/Target: HK$16.00): 1Q21: Resilient margin expected to continue. Kweichow Moutai (600519 CH/BUY/Rmb2,094.44/Target: Rmb2,440.00): 1Q21: Revenue growth in line; acceleration in direct sales. Shenzhen Inovance (300124 CH/BUY/Rmb84.47/Target: Rmb115.00): 1Q21: Solid beat driven...
KEY HIGHLIGHTS Sector Property 1Q21 results preview: A good start to the year. Results SCG Packaging (SCGP TB/BUY/Bt52.25/Target: Bt62.00) 1Q21: Net profit beat our and market estimates; outlook remains solid. Update MK Restaurant Group (M TB/HOLD/Bt51.75/Target: Bt55.50) 1Q21 earnings will be weak.
KEY HIGHLIGHTS Update CH Karnchang (CK TB/BUY/Bt16.60/Target: Bt19.00) Expect strong earnings growth in the next two years. Indorama Ventures (IVL TB/BUY/Bt44.25/Target: Bt60.00) Entering upcycle. MK Restaurant Group (M TB/HOLD/Bt57.75/Target: Bt61.50) 2021 earnings will recover yoy. Downgrade to HOLD.
GREATER CHINA Sector Machinery: Feb 21: Expect historical high sales in March. Upgrade to MARKET WEIGHT. Results Wharf Holdings (4 HK/HOLD/HK$18.96/Target: HK$20.65): 2020: Below expectations. INDONESIA Update AKR Corporindo (AKRA IJ/BUY/Rp3,640/Target: Rp4,400): Land sales and 10% yoy petrol sales volume growth should drive 2021 earnings. MALAYSIA Results Scientex (SCI MK/BUY/RM4.00/Target: RM4.43): 2QFY21: Stronger yoy earnings growth but below expectations. We expect better earnings momentu...
GREATER CHINA Sector Beer: Key takeaways from conference call with beer expert. Results Hong Kong Exchanges and Clearing (388 HK/SELL/HK$509.00/Target: HK$422.00): 2020: Lifting stamp duty may put pressure on valuation. INDONESIA Update Nippon Indosari Corpindo (ROTI IJ/BUY/Rp1,390/Target: Rp1,600): 68.6% yoy potential growth in 2021 net income. MALAYSIA Results Globetronics Technology (GTB MK/BUY/RM3.04/Target: RM3.40): 2020: Within expectations. Besides the commercialisation of new sensors, ...
KEY HIGHLIGHTS Results Bangkok Dusit Medical Services (BDMS TB/BUY/Bt20.20/Target: Bt25.00) 4Q20: Earnings were below expectation, but yoy recovery is expected to start from 2Q21 onwards. Esso Thailand (ESSO TB/SELL/Bt8.90/Target: Bt7.20) 4Q20: Results weak but profitable. Home Product Center (HMPRO TB/HOLD/Bt13.20/Target: Bt15.00) 4Q20: Results beat on lower-than-expected effective tax rate. MCOT Plc (MCOT TB/HOLD/Bt3.82/Target: Bt4.20) 4Q20: Results showed large loss. The worst could be ove...
GREATER CHINA Initiate Coverage Biotech Sector: Building competence for going global. Results Alibaba Group (BABA US/BUY/US$264.69/Target: US$355.00): 3QFY21: Solid results, continued investment to gain market share moving forward. INDONESIA Strategy Alpha Picks: Adding UNTR, WIKA and WSKT: We add UNTR, WIKA and WSKT; our picks: UNTR, BBNI, BMRI, KLBF, WIKA, WSKT, BSDE and SMRA. MALAYSIA Results Bursa Malaysia (BURSA MK/HOLD/RM9.35/Target: RM9.10): 4Q20 earnings came in within our expectations...
KEY HIGHLIGHTS Strategy Alpha Picks: February Portfolio Markets pause after strong rally; cut losses on EGCO. Update MK Restaurant Group (M TB/BUY/Bt50.00/Target: Bt61.50) 4Q20 earnings to drop both yoy and qoq. SVI (SVI TB/BUY/Bt5.55/Target: Bt5.80) 4Q20 results preview: Laggard stock; reiterate BUY.
KEY HIGHLIGHTS Results CP ALL (CPALL TB/BUY/Bt62.75/Target: Bt73.00) 3Q20: Results below our expectation but in line with consensus. Bangkok Expressway and Metro (BEM TB/BUY/Bt9.15/Target: Bt11.50) 3Q20: Earnings continued to improve qoq; yoy earnings growth expected in 2021. Electricity Generating (EGCO TB/BUY/Bt198.00/Target: Bt290.00) 3Q20: Healthy performance. Esso Thailand (ESSO TB/SELL/Bt7.00/Target: Bt5.20) 3Q20: A slow recovery. Mega Lifesciences (MEGA TB/BUY/Bt31.75/Target: Bt...
GREATER CHINA Results Anta Sports (2020 HK/BUY/HK$86.95/Target: HK$85.00): 1H20: DTC restructuring; short-term pains for long-term reward. China Taiping Insurance Holding (966 HK/SELL/HK$13.50/Target: HK$12.00): 1H20: FYP disappointed; weak showing from long-term healthcare insurance business. Downgrade to SELL. China Yongda Auto Services Holdings (3669 HK/BUY/HK$8.71/Target: HK$13.00): 2Q20: Positive earnings growth resumes; misses our estimate but in line with consensus. CR Gas (1193 HK/HOLD/H...
2H20 earnings would recover hoh due to improvements in the COVID-19 situation and city re-openings. 3Q20 earnings could be profitable and reverse from a net loss of Bt247m in 2Q20 as sales would increase qoq. However, we revise down our 2020-21 earnings projections by 22% and 13% respectively as we have a more cautious view on the sales recovery outlook. Maintain HOLD with a lower target price of Bt47.50. Entry price: Bt40.25.
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