Kaohoon Online has selected stocks with a high-growth potential for investors to consider on August 5, 2021.
Krungsri Securities (KSS) has given a “BUY” recommendation on Eastern Polymer Group Public Company Limited (EPG) with a target price at ฿16.00/share.
KSS stated that despite the pandemic, EPG should still deliver strong its 1Q (Apr-Jun) profit at 420 million baht, representing an increase by 4% QoQ and 454% YoY. The lockdown has had only a mild impact on domestic rubber insulation, but more than offset by strong export sales and packaging units.
Maybank Kim Eng Securities (Thailand) (MBKET) has given a “BUY” recommendation on Sappe Public Company Limited (SAPPE) with a target price at ฿31.00/share.
MBKET expected SAPPE’s 2Q21 earnings to grow both QoQ and YoY at 30-40%, driven by positive exports to growing trading partners such as the US, EU and the Middle East. The proportion of exports accounted for 60% of the total revenue. Combined, the baht continued to depreciate is a support factor.