Stocks in Focus on November 29, 2021: EPG and EKH

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on November 29, 2021.

 

Maybank Kim Eng Securities (Thailand) (MBKET) has given a “BUY” recommendation on Eastern Polymer Group Public Company Limited (EPG) with a target price at ฿15.00/share.

MBKET stated that EPG’s 3Q21/22 earnings outlook will improve after Covid-19 eases, ship shortage problems improve, price adjustments and no Covid-19 related extra cost of 20 million baht as in 2Q. The outlook for 2021/22, earnings will grow well and set a new record, driven by the three businesses; AeroFlex, AeroKlas and EPP.

 

Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Ekachai Medical Care Public Company Limited (EKH) with a target price at ฿9.40/share.

FSS stated that even though the Covid-19 situation is subsiding, 4Q21 earnings are still expected to outperform compared to the same period of last year. Primarily, FSS estimated earnings to be in the same level of 2Q21 in which profits grew 289% YoY with an upside of around 14%.

FSS stated that EKH is a good stock to invest in during the new wave of omicron variants. If the new variant can be controlled, FSS expected EKH’s IVF business to recover and support the revenue in the next phases.