Stocks in Focus on March 2, 2021: CRC and HANA


Kaohoon Online has selected stocks with a potentially high growth for investors to consider on March 2, 2021.

 

Krungsri Securities (KSS) has given a “BUY” recommendation on Central Retail Corporation Public Company Limited (CRC) with a target price at ฿41.00/share.

KSS cut FY21F/22F earnings by 49% / 9% after incorporating the latest guidance, consolidation of COL, and trimming tourist arrival assumptions. Looking ahead, earnings should return to pre-pandemic (2019) level in 2023 driven by synergy initiatives, recovering tourist arrivals, and strong growth in Vietnam sales.

 

Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Hana Microelectronics Public Company Limited (HANA) with a target price at ฿60.00/share.

FSS pointed out that HANA’s 4Q20 earnings was outperformed with a 119% growth QoQ and 26% YoY, which was better than expected. Its revenue also made a new high in the last eight quarters, pushing 2020 earnings to grow 6%. Meanwhile, the positive momentum continued in a higher level due to an increase in orders. FSS expected the higher prices of copper and chip will have a limited impact on the company. FSS estimated 19% growth of earnings in 2021.

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