Headline: JMT aimed to become a market leader in asset management
Adisak Sukumvitaya, Chief Executive Officer of Jay Mart Plc. (SET: JMART), aims to build JMT Network Services Plc. (SET: JMT) into a market leader in asset management (AMC), while reaping the benefits of the joint venture with Kasikornbank (SET: KBANK) by mid-year. JMT’s focus will shift to secured debt management, which includes mortgages and real estate. Analysts estimate that JMT earnings would reach THB2 billion this year, a 46 percent gain, setting new highs with the newest D/E remaining only 0.5x, giving target price at THB77.00.
Headline: Analysts upgrade PTTEP-BANPU-IVL to Top Pick stock following a heated conflict between Russia and Ukraine
Analysts upgrade PTT Exploration and Production Plc. (SET: PTTEP), Banpu Plc. (SET: BANPU), and Indorama Ventures Plc. (SET: IVL) to Top Pick stock in the energy sector, following a heated conflict between Russia and Ukraine that drove gas and natural resource prices higher. Meanwhile, B.Grimm Power Plc. (SET: BGRIM) and Global Power Synergy Plc. (SET: GPSC) are predicted to perform well in the second half of the year, as natural gas prices seem to fall.
Headline: IRPC expects larger sales volume this year as demand rebounds
IRPC Plc. (SET: IRPC) expects larger sales volume this year as demand rebounded and oil prices remained high, resulting in increased profit margins on refinery stock and petrochemical spreads. Additionally, IRPC plans to invest THB20 billion in the UCF project and THB8.9 billion in mergers and acquisitions. Analysts recommend “BUY” with a target price of THB4.80.
Headline: SCBX unveils 3 investment strategies to establish a company worth over THB1 trillion
The Siam Commercial Bank Plc. (SET: SCB) reveals three investment strategies for SCBX to establish a new business focused on financial technology and an endlessly expandable platform. The objective is to build a company with a market capitalization of more than THB1 trillion and a customer base of more than 200 million people.
Headline: SAWAD expects solid profit in 4Q21, Analysts recommend “BUY”
Srisawad Corporation Plc. (SET: SAWAD) is scheduled to release its operating results today (February 28), with the company anticipating a solid profit in 4Q21. SAWAD’s loans are expected to expand by 20-30 percent in 2022, with profit projected to reach THB5.4 billion. Analysts rate the stock as “BUY” with a target price of THB86.00.
