Kaohoon Online has selected stocks with a high-growth potential for investors to consider on April 9, 2021.
Trinity Securities has given a “BUY” recommendation on The Siam Cement Public Company Limited (SCC) with a target price at ฿430.00/share.
Trinity estimated SCC’s 1Q21 earnings at 13 billion baht, an increase of 96% You and 70% QoQ, buoyed by all business sectors of the company, especially the petrochemical business that should perform outstandingly higher sales volume and margin.
The security company maintained its forecast of 2021 earnings at 3.9 billion baht, an increase of 15%, seeing petrochemical business to lead the gain.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Right Tunnelling Public Company Limited (RT) with a target price of ฿3.20/share.
FSS stated that RT has a backlog of 4.2 billion baht, which would gradually recognize until next year. Meanwhile, the construction projects from the government tended to increase, especially Denchai-Chiang Rai- Chiang Khong project worth 15 billion baht. RT might also be able to acquire the Luang Prabang Power Plant project worth 7 billion baht from CK as well.
In addition, FSS expected RT’s CAGR earnings in 2021-2022 at 12%.