We are puzzled by weak share on a strong report. Adj. EPS up 7%, 4%, and 4% for '23e,'24e and '25e. Keep BUY, outperforming peers at a discount.

20 Jul 2023
Market slow to react to better growth outlook

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Market slow to react to better growth outlook
MTG Co., Ltd. (7806:TKS) | 0 0 0.0%
- Published:
20 Jul 2023 -
Author:
ABGSC IT Research | Oscar Rönnkvist | Simon Jönsson -
Pages:
13 -
We are puzzled by weak share on a strong report. Adj. EPS up 7%, 4%, and 4% for '23e,'24e and '25e. Keep BUY, outperforming peers at a discount.