Kaohoon Online has selected stocks with a potentially high growth for investors to consider on January 14, 2021.
Kasikorn Securities (KS) has given a “BUY” recommendation on Synex (Thailand) Public Company Limited (SYNEX) with a target price at ฿19.70/share.
KS expected SYNEX’s 4Q20 normalized profit at Bt141mn (+37% YoY) on robust sales of iPhone 12, new iPad Air, and Apple Watch 6. Profit to rise 0.7% QoQ on seasonal factors as smartphone brands usually launch new flagship models in the final quarter. Earnings are likely to maintain robust momentum amid 5G device upcycle.
Krungsri Securities (KSS) has given a “BUY” recommendation on Thai Oil Public Company Limited (TOP) with a target price at ฿64.00/share.
KSS expected Bt6.9b net profit for TOP’s 4Q20F (+859% qoq, +246% yoy), supported by positive operating profit, stock and FX gains, and divestment gain from sale of GPSC shares.