Stocks in Focus on March 26, 2021: HANA and MAJOR

Stocks in Focus on March 26, 2021: HANA (Maybank Kim Eng TP at ฿68.00/share) and MAJOR (Maybank Kim Eng TP at ฿22.30/share).

Kaohoon Online has selected stocks with a potentially high growth for investors to consider on March 26, 2021.

 

Maybank Kim Eng has given a “BUY” recommendation on Hana Microelectronics Public Company Limited (HANA) with a target price of ฿68.00/share.

Maybank stated that HANA’s 2021 earnings outlook is driven by a 10-15% expansion in the PC-Notebook market, demand remains stagnant and awaiting delivery while automotive recovered in line with global demand + EV trend. Combined with positive sentiment from the Thai baht depreciated to the highest in nearly 5 months, increasing the attractiveness of the export sector.

 

Maybank Kim Eng has given a “BUY” recommendation on Major Cineplex Group Public Company Limited (MAJOR) with a target price of ฿22.30/share.

Maybank stated that MAJOR’s earnings outlook should gradually rise in line with the reopening of the border and with pent-Up demand. Combined with more interesting films to be released such as Fast 9, Black Widow, Mortal Combat and Godzilla vs. Kong that just released yesterday received very good feedback.