Stocks in Focus on December 3, 2019: BDMS and ADVANC

Stocks in Focus on December 3, 2019: BDMS (Maybank Kim Eng TP at ฿28.00/share) and ADVANC (Krungsri Securities TP at ฿260.00/share).

Kaohoon Online has selected stocks with a potential of high growth for investors to consider on December 3, 2019.

 

Maybank Kim Eng has given a recommendation on Bangkok Medical Services Public Company Limited (BDMS) with a target price at ฿28.00/share.

Maybank states that BDMS’ 3Q19 earnings results were better than forecast. It expects 4Q19 core earnings to expand from a low base in 4Q18 when the EBITDA margin grew only 17% while the current level is 21-22%. Earnings should continue growing well next year after it has passed a 5 years of investment period.

 

Krungsri Securities (KSS) has given a “BUY” recommendation on Advanced Info Service Public Company Limited (ADVANC) with a target price at ฿260.00/share.

KSS states that ADVANC’s recent share price correction has priced-in the intense competition. Some operators have removed aggressive promotions, easing concerns. ADVANC is now offering attractive 3.8-4.0% dividend yield.