– World markets fell sharply yesterday after U.S. Federal Reserve meeting minutes indicated faster than expected rate hikes amid rising inflation and tight growth in the job market. Analysts advise investors to avoid tech stocks and instead invest in value stocks such as CK, HMPRO, EA, OR, KBANK, GPSC, and SAT.
– Interlink Telecom (SET: ITEL) expects to post record earnings of THB248 million in 2021, up 35% YoY, and THB328 million in 202, as revenue surged to THB3,200 million and the company’s backlog reached THB3,300 million. ITEL has recently been selected as a fiber optic network installer in the Southern area from a mobile operator, with a total value of THB106 million. Analysts recommend “BUY” with a target price of THB6.20.
– Ubon Bio Ethanol (SET: UBE) hopes to survive on a cash balance basis after its share price finished THB2.40 yesterday, which resulted in a 39.58x. Analysts anticipate UBE’s earnings to reach THB100 million in 4Q21, a 220% increase.
– PTT Exploration and Production (SET: PTTEP) is predicted to earn a net profit of THB9,739 million in 4Q21 and THB38 billion in 2021, representing a 67% rise, as the price of WTI oil reaches a month-high. Four analysts rate the stock “BUY” with a target price of THB140-156 and expect earnings of THB46 billion in 2022.
– Three hospital stocks, BCH, LPH, and THG, are poised to outperform on the back of a surge in revenue from COVID-19 services and Social Security patients. Earnings for BCH are predicted to expand at a breakneck pace in 2022, with a possible increase of more than 100%.
