Stocks in Focus on July 24, 2020: JMT and RPH
Stocks in Focus on July 24, 2020: JMT (Kasikorn Securities TP at ฿33.00/share) and RPH (DBS Vickers Securities TP at ฿6.90/share).
Stocks in Focus on July 24, 2020: JMT (Kasikorn Securities TP at ฿33.00/share) and RPH (DBS Vickers Securities TP at ฿6.90/share).
24 ก.ค. 2563

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 24, 2020.
 
Kasikorn Securities (KS) has given a “BUY” recommendation on JMT Network Services Public Company Limited (JMT) with a target price at ฿33.00/share.
KS stated that JMT’s debt collection grew in May-July, which should drive earnings to an all-time high in 2H20E. KS expected earnings to expand by a 23% CAGR in 2020-2022 on a full debt write-off and the purchase of new NPLs in 2020-21.
 
DBS Vickers Securities (DBSVS) has given a “BUY” recommendation on Ratchaphruek Hospital Public Company Limited (RPH) with a target price at ฿6.90/share.
DBSVS expected RPH’s 2Q20 net profit to report at 13 million baht, declined 23% YoY and 57% QoQ, mainly due to its lower revenue during the coronavirus crisis. However, the outlook in 3Q20 was better as the number of patients would start to increase gradually. In July, the company report a 80-85% of revenue compared to the pre-covid period.
DBSVS expected the company to record a profit increase of 9% YoY in 2020 and 18% in 2021.