Stocks in Focus on August 5, 2020: CPF and CKP
Stocks in Focus on August 5, 2020: CPF (Maybank Kim Eng TP at ฿39.20/share) and CKP (Finansia Syrus TP at ฿6.60/share).
Stocks in Focus on August 5, 2020: CPF (Maybank Kim Eng TP at ฿39.20/share) and CKP (Finansia Syrus TP at ฿6.60/share).
5 ส.ค. 2563

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on August 5, 2020.
 
Maybank Kim Eng has given a “BUY” recommendation on Charoen Pokphand Foods Public Company Limited (CPF) with a target price at ฿39.20/share.
Maybank expected CPF’s 2Q20 earnings to grow +13% YoY), thanks to a significant increase in Vietnamese swine prices. Earnings outlook should grow stronger in 3Q20, driven by domestic meat prices recover. Maybank expected Vietnamese swine prices should remain high for at least 2 years due to supply shortages.
 
Finansia Syrus (FSS) has given a “BUY” recommendation on CK Power Public Company Limited (CKP) with a target price at ฿6.60/share.
FSS had a positive view on CKP, expecting the company to return to profit in 2Q20 as the increasing water volume would support the company’s businesses. FSS estimated the impact from COVID-19 to CKP’s SPP to be limited due to its solid PPA from EGAT.
 