Stocks in Focus on July 15, 2020: SISB and SC
Stocks in Focus on July 15, 2020: SISB (KGI Securities TP at ฿11.30/share) and SC (DBS Vickers Securities TP at ฿2.49/share).
Stocks in Focus on July 15, 2020: SISB (KGI Securities TP at ฿11.30/share) and SC (DBS Vickers Securities TP at ฿2.49/share).
15 ก.ค. 2563

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 15, 2020.
 
KGI Securities has given an “Outperform” rating on SISB Public Company Limited (SISB) with a target price at ฿11.30/share.
KGI had a positive view on SISB’s earnings outlook over the next five years as its overall business outlook will continue to grow with solid demand. KGI expected earnings of Bt144mn (-34.6% YoY) in 2020F and Bt226mn (+.56.6% YoY) in 2021F. The negative impact of COVID-19 would affect the company’s performance in 2020, but should return to normal in 2021.
 
DBS Vickers Securities (DBSVS) has given a “BUY” recommendation on SC Asset Corporation Public Company Limited (SC) with a target price at ฿2.49/share.
SC hit a record high for a quarter presales at 6.2 billion baht, 15% higher than the expectation, mainly due to the success in the sales of horizontal projects in May. DBSVS expected SC’s core profit in 2Q20 to jump 66% YoY and 56% QoQ to 469 million baht amid the coronavirus outbreak.
Moreover, DBSVS asserted that the 2021 P/E and P/BV were relatively cheap at 5.8x and 0.5x, respectively, while being one of the companies to issue high dividend yield (2020F expected at 6.6%).
 