CACC (NASDAQ) as of Aug 2018 (450 usd)

CACC (NASDAQ) as of Aug 2018 (450 usd)

say EPS2019 approx. = 32 usd per share
PE15= 480 (6% upside)
PE20 = 640 (42% upside)

LIT projection for 2019

LIT projection for 2019

Concern:
- PORT growth
- NPL
- Coverage policy
- Margin (NIM)

SAWAD after Q2'18 annouce

SAWAD after Q2'18 announce

  - Use Model Q2'18 and Port Growth this year 35000 MB and next year 30%, EPS Projection as shown

  - Reduce position and wait for next year2019

Set status as of Aug 01, 2018

Set status as of Aug 01, 2018

SET Index = 1722  PE = 17.57  (Thai Government 10 year Bond = 2.8% as per June 2018)
Yield Gap = 2.89%

 

 

Billy B. = Still BEAR
O'Neil   = Correction

 

% SET compare to EMA50 = +2.7% (ถ้า 5% ถือว่าค่อนข้าง peak ทีเดียว!!!)

 

 

 

July2018 Winner