Stocks in Focus on January 15, 2021: RS and SRICHA
Stocks in Focus on January 15, 2021: RS (KGI Securities TP at ฿24.60/share) and SRICHA (Kasikorn Securities TP at ฿18.00/share).
Stocks in Focus on January 15, 2021: RS (KGI Securities TP at ฿24.60/share) and SRICHA (Kasikorn Securities TP at ฿18.00/share).
15 ม.ค. 2564

Kaohoon Online has selected stocks with a potentially high growth for investors to consider on January 15, 2021.
 
KGI Securities has given an “Outperform” rating on RS Public Company Limited (RS) with a target price at ฿24.60/share.
KGI estimated RS’s 4Q20 net profit at Bt135mn (+4% QoQ, +106% YoY). Growth QoQ should be driven by larger revenue from all segments. The YoY growth should be boosted by revenue growth from both the commerce segment and TV segment thanks to the start of content sales since 1Q20.
Though the combined profit for 2020 would have downside of 3% – 4% from its full year forecast of Bt585mn, KGI maintained the net profit forecast for 2021 at Bt717mn (+23% YoY) due to expected strong earnings in 2021 along with ongoing growth from both the commerce segment and TV segment.
 
Kasikorn Securities (KS) has given a “BUY” recommendation on Sriracha Construction Public Company Limited (SRICHA) with a target price at ฿18.00/share.
KS expected SRICHA’s net profit to recover constantly from the recurring income. The net profit should recover to 70-100 million baht from its 2.2 billion baht worth of backlog. KS foresaw 25-30% upside to SRICHA’s 2021-22F earnings and 50% upside to the target price when considering potential projects in the future.
 