Stocks in Focus on December 20, 2019: BTS and TQM
Stocks in Focus on December 20, 2019: BTS (Kasikorn Securities TP at ฿15.10/share) and TQM (KTB Securities TP at ฿65.00/share).
Stocks in Focus on December 20, 2019: BTS (Kasikorn Securities TP at ฿15.10/share) and TQM (KTB Securities TP at ฿65.00/share).
21 ธ.ค. 2562

Kaohoon Online has selected stocks with a potential of high growth for investors to consider on December 20, 2019.
 
Kasikorn Securities (KS) has recommended BTS Group Holdings Public Company Limited (BTS) as its top pick with a target price at ฿15.10/share.
KS states that the share price of BTS dips which results in a widen upside. The fundamentals remain solid while the concession extension for the Green mass transit train line will support the share price, with the government expected to approve the deal in January.
 
KTB Securities (Thailand) (KTBST) has given a “BUY” recommendation on TQM Corporation Public Company Limited (TQM) with a target price at ฿65.00/share.
KTBST states that the Stock Exchange of Thailand (SET) had officially announced on December 18, 2019, that TQM will be included in SET100 effective at the beginning of next year. The company also announced a plan to make an all-in advancement in the life insurance business by opening two platforms to penetrate an online insurance market as well as the cooperation with GSB. The revenue for the first five quarters since entering the market is consistent while a net profit for the 9-month period of 2019 was 356 million baht, which increased 29%.
 