Kaohoon Online has selected two stocks with a potential of high growth for investors to consider on October 8, 2019.
Maybank – SAWAD
Maybank Kim Eng has made an analysis on Srisawad Corporation Public Company Limited (SAWAD). Expecting that the 3Q19 earnings outlook to continue expanding QoQ & YoY, likely to hit a new record high, thanks to growing loan and lack of extra expenses in 2Q19 (provisions for employee benefit and consultancy expenses on buying BFIT). SAWAD also benefits from low interest rate environment. Thus, Maybank has given a target price at ฿60.00/share.
Aira – CBG
Aira Securities has made an analysis on Carabao Group Public Company Limited (CBG), expecting that the profit in 3Q19 to increase gradually from the new production plant which increases its productivity and the decrease of sugar in the drink to prepare for sugar-sweetened beverage tax.
Moreover, the company would benefit from the lower cost of glass containers as well as the decrease in cost of sponsor after a partial deal with Chelsea had ended, lowering the cost from 6 million pound to 3 million pound. Thus, Aira recommends “BUY” at a target price of ฿91.00/share.