Stocks in Focus on December 14, 2020: SINGER and RCL
Stocks in Focus on December 14, 2020: SINGER (Maybank Kim Eng TP at ฿21.00/share) and RCL (Kasikorn Securities TP at ฿15.00/share).
Stocks in Focus on December 14, 2020: SINGER (Maybank Kim Eng TP at ฿21.00/share) and RCL (Kasikorn Securities TP at ฿15.00/share).
14 ธ.ค. 2563

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on December 14, 2020.
 
Maybank Kim Eng has given a “BUY” recommendation on Singer Thailand Public Company Limited (SINGER) with a target price at ฿21.00/share.
Maybank expected SINGER’s 2021 earnings to continue making an all-time high, driven by recovering purchasing power plus auto title loans portfolios (C4C) that continue expanding QoQ, while valuation remains 30% lower than the sector.
 
Kasikorn Securities (KS) has given a “BUY” recommendation on Regional Container Lines Public Company Limited (RCL) with a target price at ฿15.00/share.
KS stated that RCL is likely to outperform the market in 1H21 on robust earnings growth in 4Q20 and 2021 due to a higher freight rate amid tight supply and export recovery. Global exports are likely to recover strongly in 2021 on the resumption of economic activities following COVID-19 vaccine availability and re-stocking demand amid current low inventory levels.