Stocks in Focus on December 23, 2019: SCC and EKH

Stocks in Focus on December 23, 2019: SCC (Maybank Kim Eng TP at ฿420.00/share) and EKH (KGI Securities TP at ฿8.90/share).

Kaohoon Online has selected stocks with a potential of high growth for investors to consider on December 23, 2019.

 

Maybank Kim Eng has given a recommendation on The Siam Cement Public Company Limited (SCC) with a target price at ฿420.00/share.

Maybank states that the share price of SCC this year fell 9% YTD while the earnings outlook next year tends to recover driven by products spread likely to gradually recover. The current share price has partly priced in negative factors already. This is coupled with the unlocking of its paper business with the IPO next year that should boost value higher.

 

KGI Securities (KGI) has given an “Outperform” rating on Ekachai Hospital Public Company Limited (EKH) with a target price at ฿8.90/share, raised from the previous target price at ฿8.70/share.

KGI states that it remains positive about EKH’s potential growth in 2020 as positive momentum from strong services of IVF and increased capacity of Children Center will drive both revenues and earnings. Looking ahead, EKH’s growth outlook will derive from the company’s renovation (Hemodialysis and ENT centers) and expansion (EKH Nursing Home). KGI maintains its earnings estimates at Bt161mn (+37.4% YoY) in 2019F and Bt184mn (+14.3% YoY) in 2020F.