Krungthai Card PLC (KTC) - 2016-17

29/12/2017 Company Update: "Peak valuation but unsustainable profitability" - Sell (TP Bt140)
18/10/2017 Earnings Brief: "3Q17: Beat on NIM and bad debt recovery" - Sell (TP Bt110)
31/08/2017 Company Update: "Constrained by tougher regulations" - Sell (TP Bt105)
27/07/2017 Company Update: "Downgrade: Big hit by stricter rules" - Downgrade to Sell (TP Bt100)
19/07/2017 Earnings Brief: "2Q17: In line but with regulatory risk overhang" - Neutral (TP Bt142)
18/04/2017 Earnings Brief: "1Q17: Slowing top line offset by slowing expense" - Neutral (TP Bt142)
20/01/2017 Earnings Brief: "4Q16: As good as expected" - Upgrade to Neutral (TP Bt142)
29/11/2016 Company Update: "The good years are priced in" - Sell (TP Bt138)
21/10/2016 Earnings Brief: "3Q16: Recovery in the price" - Downgrade to Sell  (TP Bt133)
21/07/2016 Earnings Brief: "2Q16: Beat expectations again" - Neutral (TP Bt113)
06/07/2016 Company Update: "Gains, but with pain" - Neutral (TP Bt102)
21/04/2016 Earnings Brief: "1Q16: Slightly better than expected" - Neutral (TP Bt86)
17/02/2016 Company Update: "Growth going off-line in 2016" - Neutral (TP Bt86)
21/01/2016 Earnings Brief: "4Q15: The year's high, as expected" - Neutral (TP Bt94)