2023-04-19 02:17:10
HoonSmart.com>> “Kingsford Securities” assesses the SET Index to be stable within the support range 1,580 – 1,590, resistance 1,600 – 1,605 points while waiting for the bank group profit report. Recommended to gradually buy during the weakness in the retail sector, CPALL, BJC, BH hospital stocks, BDMS, BCH, CHG, AMATA industrial estate stocks, WHA ROJNA ready to serve stocks today, recommending ICHI, AEONTS.
Kingsford Securities assesses the SET Index to be stable within a support range of 1,580 – 1,590 and a resistance range of 1,600 – 1,605 while waiting for the banking group’s earnings report. We recommend gradually buying when the index weakens. Retail group CPALL, BJC, BH hospital stocks, BDMS, BCH,CHG, AMATA industrial estate stocks, WHA ROJNA.
US stock market DJIA -0.03%, S&P500 +0.09%, Nasdaq -0.04% after Goldman Sachs -0.89% Q1/2023 gain -19.3% YoY due to lower income from bond trading and mergers and acquisitions, J&J -2.81%. Concerned about higher operating costs The U.S. Department of Commerce said housing starts in March were -0.80% to 1.42 million units, higher than expected at 1.40 million units. European stocks Stoxx600 rose 0.38%, supported by banking sectors, recreational travel, precious metals.
Today’s recommended stock is ICHI (Buy / IAA Consensus target price 14.80 baht), the market expects net profit in 2023 around 745 million baht, +16%YoY, driven by the recovering domestic economy. increasing number of tourists And the weather is expected to be hotter than usual this year. The company targets revenue of 7.3 billion baht, +15%YoY. The green tea beverage market is expected to grow by +10%YoY this year. The company maintains the same price of green tea products. Causing an opportunity for consumers to turn to consume other products that have increased prices
In addition to the non-green tea category, there is a new product, Tansansu, which has been well received and is expanding its distribution channels. At the same time, production costs are expected to decline due to increased capacity utilization and lower PET bottle costs, helping to improve gross profit margins.
AEONTS shares (speculative buy / IAA Consensus target price 219.00 baht) Net profit in 2022 (Fiscal Year; End of February) was 3,815 million baht (+7%YoY). Increased lending +23%YoY (total loan portfolio was 93.9 billion baht +3%YoY), with the company still focusing on credit card product strategies, resulting in credit card revenue +18%. YoY
for the next direction Still expected to be supported by a full reopening PostCovid-19, a recovering tourism sector, and election year spending. The market expects net profits in 2013 and 2024 of AEONTS * to grow continuously from 2022 to 4,043 million baht (+6%YoY) and 4,340 million baht (+7%YoY), respectively.
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