Stocks in Focus on September 2, 2019: PTG and GLOBAL
Stocks in Focus on September 2, 2019: PTG (Krungsri Securities TP ฿23.50/share) and GLOBAL (Kingsford Securities TP ฿18.10/share).
Stocks in Focus on September 2, 2019: PTG (Krungsri Securities TP ฿23.50/share) and GLOBAL (Kingsford Securities TP ฿18.10/share).
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Kaohoon Online has selected two stocks with a potential of high growth for investors to consider on September 2, 2019.
 
Krungsri Securities – PTG
Krungsri Securities has given a “speculative buy” recommendation on PTG Energy Public Company Limited (PTG) with an IAA Consensus at ฿23.50/share, asserting that the company had received positive sentiment from the announcement of Energy Policy and Planning Office to use B10 diesel as a standard gas instead of B7.
Krungsri Securities expects the demand for biodiesel would rise after the announcement while PTG would be benefited the most for having its own service station and being able to maintain its selling price.
 
Kingsford Securities – GLOBAL
Kingsford Securities has recommended for a “speculative buy” on Siam Global House Public Company Limited (GLOBAL) with a consensus target price of ฿18.10/share, stating that the flood in northern region and northeastern region of Thailand and the possibility of monsoon in September are positive factors for GLOBAL’s sale of construction material to repair habitations.
Kingsford has also stated that the share price has already reflected on the low revenue in 1H19, causing the downside risk to be even lower while expanding its upside for 18%.
 