Stocks in Focus on December 23, 2021: HMPRO and KSL
CNS recommended Home Product Center at THB16 and Khon Kaen Sugar Industry at THB4.70 per share.
CNS recommended Home Product Center at THB16 and Khon Kaen Sugar Industry at THB4.70 per share.
23 ธ.ค. 2564

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on December 23, 2021.
 
Mr. Koraphat Vorachet, Capital Nomura Securities’ strategist, through “Kaohoon Jor Talad Program” on December 23, 2021, gave “BUY” recommendations on Home Product Center Public Company Limited (SET: HMPRO) for benefiting from the government’s stimulus packages and Khon Kaen Sugar Industry Public Company Limited (SET: KSL) for benefiting from rising sugar price.
 
Capital Nomura Securities (CNS) has given a “BUY” recommendation on Home Product Center Public Company Limited (SET: HMPRO) with a target price at ฿16.00/share.
CNS stated that the company bottomed out in 3Q21, seeing recovery signs from the economic reopening. SSSG in October and November returned to 14-15% while adjusting selling price up by an average of 3-5% due to higher cost and transportation.
CNS estimated 4Q21 net profit at 1.5 billion baht, representing an increase by 72%. The company is expected to benefit from the Chob Dee Mee Kuen scheme and the LTV measure until the end of 2022. HMPRO is outstanding in reopening theme while the share price is still laggard.
 
Capital Nomura Securities (CNS) has given a “BUY” recommendation on Khon Kaen Sugar Industry Public Company Limited (SET: KSL) with a target price at ฿4.70/share.
CNS estimated 4Q21 net profit of KSL at 149 million baht, representing an increase by 55% YoY and 166% QoQ, while 2022 net profit is estimated at 951 million baht, increasing 55%. The increase in net profit forecast is due to an increase in sales and electricity, while the sugar price remains at a high level.
 