Stocks in Focus on July 1, 2020: STA and DOHOME
Stocks in Focus on July 1, 2020: STA (Maybank Kim Eng TP at ฿30.00/share) and DOHOME (KGI Securities TP at ฿12.00/share).
Stocks in Focus on July 1, 2020: STA (Maybank Kim Eng TP at ฿30.00/share) and DOHOME (KGI Securities TP at ฿12.00/share).
1 ก.ค. 2563

Kaohoon Online has selected stocks with a potential of high growth for investors to consider on July 1, 2020.
 
Maybank Kim Eng has given a “BUY” recommendation on Sri Trang Agro-Industry Public Company Limited (STA) with a target price at ฿30.00/share.
Maybank stated that positive catalysts for STA include the easing of lockdown and its affiliate that manufactures rubber gloves (STA holds 51% stakes) will be listed on the SET tomorrow. Both factors should boost value to STA significantly.
 
KGI Securities has given an “Outperform” rating on Dohome Public Company Limited (DOHOME) with a target price at ฿12.00/share.
KGI stated that the target price of Bt12.00, was based on PER 32.0x (+1.5 S.D its historical average) supported by i) short-term theme on accelerating FY2020 capital budget disbursement and public investment from the Loan Act, and ii) long-term theme on top line growth from positive SSSG, store expansion and margin expansion of its house-brand strategy. The company is expected to show impressive earnings growth of 32% in 2021 and 23% in 2022.
 