Stocks in Focus on 22 August 2019: BJC and JMT

Stocks in Focus on 22 August 2019: BJC and JMT

Kaohoon Online has selected two stocks with a potential of high growth for investors to consider on August 22, 2019.

Finansia Syrus Securities recommended “BUY” Berli Jucker Public Company Limited (BJC) share with the target price of ฿58.00/share and stated that BJC will be benefited from the government’s stimulus plan. BJC’s 1H2019 profit rose 23% YoY or calculated as an estimate of 47% from the profit of the whole year in 2019. Finansia expected that a 2H2019 profit will grow continuously because BJC will recognize the revenue from a new customer which operates cans business.
BJC’s gross profit margin increased higher due to a decrease in the cost of material, especially paper pulp, and inventory checking period of Big C which the inventory lists always change. Moreover, the soon matured debenture of THB 22 billion in next month will be repaid and refinanced, resulting in a decrease of interest payment. BJC announced to pay ฿0.18/share dividend and ex-dividend on 28 August 2019.


KTB Securities (KTBST)
recommended “BUY” JMT Network Services Public Company Limited (JMT) share with a target price of THB 22.00/share. KTBST said that there are a lot of NPL for JMT to buy. Currently, the debt management in 1Q2019 recorded at THB 146.245 million. JMT has invested THB 4.5 billion in NPL to manage continuously, such as the deal between TMB and TCAP which might be completed within this year and the bank sector that has to standardized IFRS9 account. Therefore, a huge amount of NPL will be sold at the end of this year. PE in 2019 is 25x which is lower than the average in the past 3 years at -0.5 SD. KTBST stated that JMT is growth and high stock with a dividend yield of 4-5% per year.