Stocks in Focus on January 13, 2021: BANPU and AEONTS

Stocks in Focus on January 13, 2021: BANPU (Maybank Kim Eng TP at ฿12.00/share) and AEONTS (Kasikorn Securities TP at ฿244.00/share).

Kaohoon Online has selected stocks with a potentially high growth for investors to consider on January 13, 2021.

 

Maybank Kim Eng has given a “BUY” recommendation on Banpu Public Company Limited (BANPU) with a target price at ฿12.00/share.

Maybank expected the cold weather that comes quickly would become a factor to drive China’s demand for coal and positively impact the global coal price to recover. This coupled with an undemanding valuation that trades on 0.8x PBV, makes it more interesting for speculation.

 

Kasikorn Securities (KS) has given a “BUY” recommendation on Aeon Thana Sinsap (Thailand) Public Company Limited (AEONTS) with a target price at ฿244.00/share.

KS expected AEONTS’ 3QFY21 earnings at Bt1bn (+4% QoQ, +2% YoY), 8.4% ahead of its forecast due to lower-than-expected ECL. The security company preferred AEONTS due to its relatively cheap valuation with positive earnings and ROE growth. The stock offers 7.5% upside to the target price, while estimating a FY2022 dividend yield of 2.7%.