Muangthai Capital PLC (MTC) 2022-23

Tags: MTC
13/11/2023 Earnings brief: " Peaking credit cost, easing NPL inflow  " –  Neutral (TP Bt40)
08/11/2023 Earnings brief: "3Q23: Easing NPL inflow but rising ECLs" – Neutral (TP Bt40)
06/09/2023 Company update: "Benefits from government policies" – Neutral (TP Bt40)
09/08/2023 Earnings brief: "2Q23: Slight beat on NIM" Neutral (TP Bt38)
10/05/2023 Earnings brief: "1Q23: Decelerating rise in NPLs" –  Neutral (TP Bt36)
27/02/2023 Company update: "Not out of the woods yet" – Neutral (TP Bt36)
22/02/2023 Earnings brief: "4Q22: Sharp worsening in asset quality" – Neutral (TP Bt36)
01/02/2023 Company update: "Preview 4Q22: Not out of the woods yet" – Downgrade to Neutral (TP Bt42)
28/11/2022 Company update: "Asset quality concern priced in" – Outperform (TP Bt45)
09/11/2022 Earnings brief: "3Q22: Provisions up but slower NPL rise" - Outperform (TP Bt49)
17/08/2022 Company update: "Asset quality concern already priced in" - Outperform (TP Bt58)
10/08/2022 Earnings brief: "2Q22: Robust loan growth with provision hike " – Outperform (TP Bt67)
24/05/2022 Company update: "Decent earnings recovery" – Outperform (TP Bt67)
11/05/2022 Earnings brief: "1Q22: Beat on less provisions despite NPLs up" – Outperform (TP Bt67)
17/02/2022 Company update: "Worse-than-expected provision guidance, NIM" – Outperform (TP Bt67)
15/02/2022 Earnings brief: "4Q21: Missed on higher opex; recovery ahead" – Outperform (TP Bt70)