Kaohoon’s Top News on December 9, 2020
Top news from Kaohoon Turakij Newspaper to start the trading day on December 9, 2020.

Top news from Kaohoon Turakij Newspaper to start the trading day on December 9, 2020.
9 ธ.ค. 2563

– KBANK has been the most popular stock in December for foreign investors as Foreign Ownership Limit (FOL) still has 3.89% availability for purchasing, compared to BBL that already reached its limit.
The analyst stated that KBANK’s share price is still below its book value and raised KBANK’s target price to 181.00/share with a forecasted of 14% growth in net profit in 2021.
Mr. Patchara Samalapa, President of KBANK, affirmed its strong capital fund and well-controlled NPL not over 4%.
– Phillip Securities expected PTTEP to book 27,135 million baht of net profit next year, which would be higher than an estimated net profit in 2020 at 19,694 million baht in response to PTTEP’s future business plans to increase its production capacity and selling price.
– SAK trading on the first day, the closing price jumped 121.62%, reflecting good company fundamentals. While management set a target for 2021 that new loans grow 10%, push the portfolio to Bt8.4bn with control NPL no more than 2.5%.
– NER expected that performance in 2021 will bright, pumping revenue up to Bt22.0bn, receiving good demand for rubber continuously, signing new customers and running machines 100% full capacity so it will push 410,000 tons of sales and breaking into the livestock pads business which will penetrate Australian market in 3Q21 due to high demand and good profit.