Maybank Securities (Thailand) Assessment Thai stock market Next week (November 14-18) will move within a range of 1,620-1,670 points, driven by the recovery of the domestic economy. Capital inflows a monetary policy with a chance to relax But at the same time, there is pressure from Chinese economy that is still slowly improving
Best Choices
– JMART (Target Price 75.00) 2022 operating performance is expected to continue to grow strongly from the support of all subsidiaries with continued excellent development.
– Ah (Target price 35.00) 3Q22 profit is expected at 445 million baht (+9% QoQ, +90%YoY), making a new high with improved sales. auto industry Pick-up trucks growing well and gaining new orders Gross profit is expected to improve to 10.2% from 9.3% last year, currently trading on a PE of 7.9x and a dividend yield of 4.4%.
– SPA (target price 14.00) 4Q22 profit is expected to turn positive in the first quarter after COVID-19 from accelerating tourists. Along with the opportunity to increase the service fee.
