Stocks in Focus on September 25, 2019: SPA and TTW
Stocks in Focus on September 25, 2019: SPA (Krungsri Securities TP ฿16.20/share) and TTW (KTB Securities (Thailand) TP ฿14.25/share).
Stocks in Focus on September 25, 2019: SPA (Krungsri Securities TP ฿16.20/share) and TTW (KTB Securities (Thailand) TP ฿14.25/share).
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Kaohoon Online has selected two stocks with a potential of high growth for investors to consider on September 25, 2019.
 
Krungsri Securities (KSS) has given a “BUY” recommendation on SPA Wellness Group Public Company Limited (SPA) with a target price at ฿16.20/share. The registrations for the “Taste, Shop, Spend” (Chim, Shop, Chai) incentive has reached Bt1m registration cap for the third day. This scheme will directly benefit SPA as one of the participating operators. SPA will also gain from recovering Chinese tourist arrivals as this group contributes about 50% of total revenue.
 
KTB Securities (Thailand) (KTBST) has given a “BUY” recommendation on TTW Public Company Limited (TTW) with a target price at ฿14.25/share, seeing that the stock is a safe haven for investors while the market is volatile while the company will recognize an income from its investment in CKP (TTW holds 25.31%) as well as the 4% dividend yield is quite attractive. Net profit in 2020 is expected to increase by 11% to 3,360 million baht and 155% after the CKP’s Xayaburi Power Plant starts a full COD.
 