Analyst Recommends Vaccine Play, Raising MINT-CPN-BDMS-AAV as Top Picks
Analyst Recommends Vaccine Play, Raising MINT-CPN-BDMS-AAV as Top Picks
Analyst Recommends Vaccine Play, Raising MINT-CPN-BDMS-AAV as Top Picks
23 ก.พ. 2564

The Prime Minister confirmed the first 200,000 doses of Chinese Sinovac’s COVID-19 vaccine will arrive in Thailand on February 24, 2021 and also volunteered himself for the first vaccine shot to boost public confidence. Meanwhile the National Vaccine Institute will be in charge of categorizing people who are in line for each round of vaccine distributions. 
 
Asia Plus Securities (ASPS) believed that the SET Index will be driven by the arrival of COVID-19 vaccine’s first batch on Feb. 24 and there will be positive sentiment toward stocks in tourism, mall, hotel and aviation sectors. Statistically, stocks in many countries will edge higher once vaccination begins.
 
ASPS recommended stocks benefiting from vaccine available in Thailand with an upside potential including 1) Minor International Public Company Limited (MINT), ASPS expected a better operating result from MINT in 2021 as tourists will return, giving a target price at ฿34.00/share.
 
2) Central Pattana Public Company Limited (CPN), ASPS believed CPN’s profit would rebound from 2Q21 onwards as lockdowns are eased, giving a target price at ฿60.00/share.
 
3) Bangkok Dusit Medical Services Public Company Limited (BDMS), ASPS raised BDMS as a medical top pick, seeing patient bases to rebound after the CCSA allowed private hospitals to import vaccine for service, giving a target price at ฿24.00/share.
 
4) Asia Aviation Public Company Limited (AAV), ASPS forecasted more flights to resume once tourism recovers, giving a target price at ฿3.2.00/share.
 