Stocks in Focus on December 29, 2021: ORI and SABUY

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

 

The management of Origin Property Public Company Limited (SET: ORI) expects its 4Q21 and 2021 performance will be better than expected as the company recently recorded a total of 30,000 million baht in presale, compared to a target of 29,000 million baht for the year.

Kasikorn Securities (KS) has given a “BUY” recommendation on ORI with a target price at ฿13.40/share.

The securities company estimated 2021-2023 profit to grow consistently, seeing a positive outlook on the partnership with Boonpha 2020 to benefit both companies. Meanwhile, the Origin Smart Complex Bangna Project worth 4,000 million baht is expected to launch the operation next year and the revenue recognition will be in 2023.

KS expected ORI to record net profit in 2021 at 3,274 million baht with a 5.11% dividend yield. The net profit for 2022 is estimated at 3,640 million baht with a 5.39% dividend yield while net profit of 2023 is estimated at 3,921 million baht with a 5.81% dividend yield.

 

Following the statement from the management of Sabuy Technology Public Company Limited (SET: SABUY) that estimated a 20% revenue growth in 2021 and 50% growth in 50%, KTBST Securities has given a “BUY” recommendation on SABUY with a target price at ฿28.00/share.

The securities company expected SABUY to recognize revenues from SABUY Ecosystem and will expand the sales channels while expecting the company to be able to fully proceed with its operations in financial businesses such as personal loans, ATM services, insurance and digital currency.

KTBST expected SABUY to record 209 million baht for its net profit in 2021, representing an increase by 105%, and 671 million baht in 2022, representing an increase by 221%.