2024-03-21 04:45:52
Reporters report that today (21 March 2024) the price of electronics stocks rose sharply at 10:15 a.m., led by Hana Microelectronics Public Company Limited or HANA The stock price is 39.25 baht plus 1.75 baht or 4.67%, highest at 39.25 baht, lowest at 38.25 baht, trading value 193.57 million baht.
Delta Electronics (Thailand) Public Company Limited or DELTA The stock price is 70.75 baht plus 4.00 baht or 5.99%, highest at 71.00 baht, lowest at 68.00 baht, with a trading value of 595.89 million baht.
KCE Electronics Public Company Limited or KCE The stock price is 40.25 baht plus 1.75 baht or 4.55%, highest at 40.25 baht, lowest at 39.25 baht, trading value 187.78 million baht.
In this regard, the electronics group’s share price has increased. TISCO Securities Company Limited Still optimistic about HANA shares, stating that the company’s sales Relatively stable compared to the previous quarter in 1Q24 due to the weak performance of IC products in both Phra Nakhon Si Ayutthaya and Jiaxing provinces, while customers still came to use inventory in the first half of the year with a more robust recovery. Most of which are in the smartphone group. And this is expected to be seen in 2Q24 when the new model season begins. Canalys forecasts that PC and smartphone shipments will grow 8% and 5%, respectively, in 2024, so still Recommendation “Buy” HANA, target price 46.00 baht
side Mr. Kornphat Worachet Director of Research and Investment Services Krungsri Patanasin Securities Public Company Limited It was revealed that South Korea’s exports soared in the first 20 days of March 2024, increasing 11.2% compared to the same period last year and reversing from the first 20 days of February 2024 which decreased. 7.8% compared to the same period last year. This was driven by increased semiconductor sales.
Meanwhile, this direction is a positive signal indicating an opportunity to see a recovery in the electronic components group. after weakening in the short term If looking at the industry picture Starting to see good signs in many EV areas that are affected in the short term, the purchasing delay is gradually easing, namely
1. Concerns about high interest rates are gradually subsiding. Interest rates are heading down.
1.Data Center is where we expect relatively stable growth. according to global data demand
2. Products in the group of parts for smartphone Although the short term drives AI, the trend of changing smartphones into a new era has begun to incorporate AI as a part of the device. will lead to a new round of growth
Meanwhile, the share prices of the parts group are quite moving in line with export sales from South Korea and Taiwan. Such positive signals are expected to support stocks in the group to recover in a new round. In the short term, focus on HANA with a target price of 51.6 baht and KCE with a target price of 55 baht.
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