Stocks in Focus on May 6, 2021: JMART and ADVANC
Stocks in Focus on May 6, 2021: JMART (Maybank Kim Eng TP at ฿44.50/share) and ADVANC (Krungsri Securities TP at ฿210.00/share).
Stocks in Focus on May 6, 2021: JMART (Maybank Kim Eng TP at ฿44.50/share) and ADVANC (Krungsri Securities TP at ฿210.00/share).
6 พ.ค. 2564

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on May 6, 2021.
 
Maybank Kim Eng has given a “BUY” recommendation on Jay Mart Public Company Limited (JMART) with a target price at ฿44.50/share.
Maybank expected JMART to record a 1Q21 net profit of 425 million baht, representing an increase of 305% YoY, on the back of strong growth in its subsidiaries (JMT and SINGER) and a recovering mobile business. Moreover, the combination with KBJ’s mobile lending will kick off and the company will also record extra gain from KBJ revaluation after reducing its shareholding to KB, after tax of about 140 million baht.
 
Krungsri Securities (KSS) has given a “BUY” recommendation on Advanced Info Service Public Company Limited (ADVANC) with a target price at ฿210.00/share.
KSS maintained FY21F earnings at 25.9 billion baht, representing a decrease by 5.5%.due to higher 5G network costs including network opex and amortization charge. KSS’ earnings model reflects a recovery in 2022 when revenues would start to recover, supported by improving economic conditions and cost subsidies, especially network opex. However, a sooner-than-expected return of foreign tourists and migrant workers would be upside risk to our FY21F and FY22F earnings.
KSS stated that ADVANC is a laggard play to capture INTUCH’s tender offer. The Bt65 tender offer price means ADVANC is worth Bt200/share. At this price ADVANC offers decent dividend yield, at 3.9%. There could also be upside from earnings upgrades in the near-term.