Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 20, 2021.
Asia Wealth Securities (AWS) has given a “BUY” recommendation on SC Asset Corporation Public Company Limited (SC) with a target price at ฿3.28/share.
AWS expected 2Q21 net profit of Bt514.0mn, increasing both YoY and QoQ, 2Q21 presales at Bt5.6bn which 85% are still from low rise projects, while the impact from the closure of the construction labor camp for 30 days, affecting transfers and construction plans in a limited range, expected 2H21 to continue to be strong with backlog pending transfers. We expect a dividend of at least Bt0.17 per share (dividend yield 5.7%).
Maybank Kim Eng Securities (Thailand) (MBKET) has given a “BUY” recommendation on Singer Thailand Public Company Limited (SINGER) with a target price at ฿50.00/share.
MBKET expected 2Q21 profit to hit a new record of 180 million baht, +30% QoQ and +60% YoY), due to product sales still growing at 20% YoY and strategy to focus on more online channels, as well as the growth of HP-C4C loans. Asset quality remains strong as the economy in the provinces is less affected than in the cities.