PTT Exploration & Production
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PTT Exploration & Production

Bangkok : Thailand | Oct 19, 2012 at 12:49 AM PDT
Source: The Nation
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We shave FY12-13 EPS by 2.5-3.4% to reflect the Montara delay but raise FY14 by 16percent for higher oil price and volume assumptions. Neutral to Trading Buy as we expect a rerating, driven by near-term solid growth and the removal of overhangs. Our DCF-based target price rises as we roll it forward,... FULL ARTICLE AT The Nation
 
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