Stocks in Focus on October 14, 2021: ASK and IIG
Stocks in Focus on October 14, 2021: ASK (Maybank Kim Eng Securities TP at ฿55.00/share) and IIG (Finansia Syrus Securities TP at ฿41.00/share).
Stocks in Focus on October 14, 2021: ASK (Maybank Kim Eng Securities TP at ฿55.00/share) and IIG (Finansia Syrus Securities TP at ฿41.00/share).
14 ต.ค. 2564

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on October 14, 2021.
 
Maybank Kim Eng Securities (Thailand) (MBKET) has given a “BUY” recommendation on Asia Sermkij Leasing Public Company Limited (ASK) with a target price at ฿55.00/share.
MBKET estimated ASK’s 3Q21 earnings at 301 million baht, representing an increase by 30% YoY and 12% QoQ, from loan growth and well-managed operating costs that offset the rising cost. MBKET expected ASK’s earnings to continue growing QoQ until 4Q22 while trading at 12x PE22.
 
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on I&amp;I Group Public Company Limited (IIG) with a target price at ฿41.00/share.
FSS estimated IIG’s 3Q21 earnings to grow 46% YoY and 13% QoQ from the strong demand for investment in ERP and CRM that would put 4Q21 earnings to the highest quarter in 2021.
The momentum in 2022 is still strong from more investments such as Software Vonage and Coupe. Meanwhile, revenue from the CEM Data Analytic and Digital Insurance Platform would be more crystallized. Earnings in 2021-22 are expected to grow 38.6% and 36.9%, respectively.