ZEN - Earnings momentum still sluggish; Downgrade to REDUCE TP THB6.00
BBL - Resilient 2Q24E profit; Maintain BUY TP THB157.00
AP - Expect robust 2Q24 presales and profit recovery; Maintain BUY TP THB13.20
KKP - Weak momentum to pressure 2Q24 profit; Maintain HOLD TP THB50.60
GFPT - Entering high season in 2Q-3Q24; Maintain BUY TP THB15.00
THANI - A rough road to recovery; Initiate with HOLD TP THB2.28
M - SSSG has not recovered; Downgrade to HOLD TP THB34.00
MINT - European events to drive 2Q24; Maintain BUY TP THB44.00
TTB - Solid bottom line amid fragile core business; Maintain BUY TP THB2.24
JMT - Revenue miss leads to elevated ECL reduction; Maintain HOLD TP THB17.00