30 Jan 08:48 AM
DELTA - Sell
Good but everyone known
4Q14 earnings will slump 36% QoQ as revenue and GPM will be depressed by seasonality. However, the long term outlook remains bright but this will be strongly reflected in the share price. As share price exceeds our TP by 9% (dividend of only 4%), we maintain our SELL rating with a TP of THB65.50. The current PER2015 valuation is quite high at 14.40x.
Sector: ปิโตรเคมีและเคมีภัณฑ์ (Not Available in EN Version)
Petrochemical Price Update : ราคาอะโรเมติกส์ปรับเพิ่มแรง