Kaohoon Online has selected stocks with a high-growth potential for investors to consider on December 22, 2021.
Mr. Chaiyot Jiwangkul, Assistant Director of Krungsri Securities (KSS), through “Kaohoon Jor Talad Program” on December 22, 2021, recommended Indorama Ventures Public Company Limited (SET: IVL) with a target price at ฿60.00/share.
Mr. Jiwangkul stated that the demand for PET products in China is accelerating to nearly the top of the global market. Meanwhile, the energy crunch in China has caused a shortage in supply, which would benefit IVL as a producer outside China to distribute its products.
4Q21 outlook should be outstanding in Mr. Jiwangkul’s view of the spread of PET has spiked to a record high in years.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Jay Mart Public Company Limited (SET: JMART) with a target price at ฿60.00/share.
MST expected 4Q21 earnings to grow both QoQ, YoY, driven by strong earnings from subsidiaries (JMT, SINGER, J) and FY22 earnings will continue to show remarkable progress thanks to the government’s economic stimulus measures at the beginning of the year, the subsidiary companies are still growing well, including more synergy with partners.
