Stocks in Focus on September 15, 2020: SCC and JMT

Stocks in Focus on September 15, 2020: SCC (Maybank Kim Eng TP at ฿400.00/share) and JMT (Kasikorn Securities TP at ฿39.00/share).

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on September 15, 2020.

 

Maybank Kim Eng has given a “BUY” recommendation on The Siam Cement Public Company Limited (SCC) with a target price at ฿400.00/share.

Maybank stated that the spreads of petrochemical products are likely to increase, driven by recovering HDPE prices while Naphtha prices continue falling. Plus, Maybank expected the dividend payment of SCC to remain high, at 4.1% for next year.

Kasikorn Securities (KS) has given a “BUY” recommendation on JMT Network Services Public Company Limited (JMT) with a target price at ฿39.00/share.

After the conference with JMT, KS stated that the management confirmed its view that 2H20 earnings will continue to set new highs, while JMT plans to acquire Bt6 . 0 -10.0bn of NPLs in 2020-2021. KS’ target has yet to include M&As from the private placement of new shares, which KS saw having a low dilution effect