โลโก้ อาร์เซนอล png
โลโก้ อาร์เซนอล png
โลโก้ อาร์เซนอล png
Maybank maintains a positive view on WICE’s earning, seeing its inorganic growth will see full-year results in 2019. Although net profit forecast was conservatively revised down by 10-15% for FY2018-19 to price-in external risk through low gross profit margin (GPM), the continued expansion of logistic network by ETL started in 4Q18, should continue to drive earnings growth of 29% pa. Maybank recommends Accumulative Buy , with 12-month target price of ฿5.45/share (previously ฿5.30/share) based on a P/E of 24.6x (previously 26.3x).
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