Stocks in Focus on July 21, 2020: HANA and BAM
Stocks in Focus on July 21, 2020: HANA (KGI Securities TP at ฿36.00/share) and BAM (Maybank Kim Eng TP at ฿31.50/share).
Stocks in Focus on July 21, 2020: HANA (KGI Securities TP at ฿36.00/share) and BAM (Maybank Kim Eng TP at ฿31.50/share).
21 ก.ค. 2563

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 21, 2020.
 
KGI Securities has given an “Outperform” rating on Hana Microelectronics Public Company Limited (HANA) with a target price at ฿36.00/share.
KGI expected HANA to announce a 2Q20F core profit of Bt237mn (-51% YoY, -51%% QoQ). The decline would be mainly from weak sales and gross margin due COVID-19 lockdowns globally. Nevertheless, KGI estimated an earnings recovery in 2H20, while the industry upcycle remained unchanged.
 
Maybank Kim Eng has given a “BUY” recommendation on Bangkok Commercial Asset Management Public Company Limited (BAM) with a target price at ฿31.50/share.
Maybank forecasted cash collection of THB3 billion in 2Q20 for BAM, reflecting a flat growth QoQ, but better than the market forecast of 15-20% contraction QoQ. Moreover, strong sales of NPAs would help offset NPLs debtors who skip payment, affecting cash collection by only 5%.
 