Business
Tidlor Holdings' Asset Quality Looks Better Than Feared — Market Talk
Tidlor Holdings' Asset Quality Looks Better Than Feared — Market Talk

About this update from Tidlor Holdings Pcl
Tidlor Holdings' asset quality looks better than feared, ttb wealth securities' Rawisara Suwanumphai says in a research report. At a recent forum, management confirmed that asset quality so far in 2Q remains healthy across all loan segments, the analyst notes. The vehicle-title loan and insurance brokerage services provider's truck segment, one of market's major concerns, has benefited from improving industry conditions. Also, Tidlor's funding-cost tailwinds should persist through 2028, supported by lower refinancing costs for maturing debentures. The brokerage lifts its 2026-2028 EPS estimates for Tidlor by 6%-7%. It raises the stock's target price to 21.60 baht from 17.00 baht, with an unchanged buy rating. Shares are 0.5% lower at 19.30 baht. ([email protected])
View stock analysis, news, and events for Tidlor Holdings Pcl