Kaohoon Online has selected stocks with a high-growth potential for investors to consider on August 25, 2020.
Maybank Kim Eng has given a “BUY” recommendation on Dohome Public Company Limited (DOHOME) with a target price at ฿15.10/share.
DOHOME (Strategic TP THB15.10): 3Q20 earnings outlook is forecast to grow QoQ, YoY with SSSG 10% in July, outperforming peers. This is combined with its mid-term growth potential from store expansion and profitability that is likely to increase.
Tisco Securities has given a “BUY” recommendation on Thai Vegetable Oil Public Company Limited (TVO) with a target price at ฿31.00/share.
The domestic soybean price was weaker than TISCO had anticipated, resulting in stable earnings in the third quarter. However, TISCO had a positive view over the global soybean price in 4Q20 as 1) the recovery demand in China after the ASF eased, 2) the La Nina impact in Brazil and Argentina, and 3) a drop of 95 million tons of global soybean stock.