AWS Expects SET to Fluctuate over the Uncertainty of Remedial Measures from Lockdown

Asia Wealth Securities (AWS) expected the SET today to move in a range of 1,560-1,590 points with a chance to fluctuate in a sideway-down frame.

The market still reflects concerns over the government’s policy uncertainty and selling of shares in the energy sector due to the decline in crude oil prices (Crude oil prices have dropped to positive for TASCO, TOA, EPG, GULF, GPSC and OSP, recommend speculation) on concerns over the spread of COVID-19, leading to the announcement of lockdowns in many countries.

AWS stated that investment strategies are still Selective due to the COVID-19 situation unsolved in the country, which is a positive factor for hospital stocks. AWS recommended speculation, choosing BCH and CHG. While construction and restaurant groups, where the share price reacted negatively to the lockdown announcement and closed the worker camp. AWS viewed it as a gradual cumulative after the government issued a remedy, choosing SPALI, ORI, NOBLE, CK, STEC, PYLON, SEAFCO, AU, M and MUD.

 

Core Investment

1) Laggard Play (Trading within 1-2 months) – ADVANC, CPF, KBANK, BBL, MTC, EGCO, SPALI, LH, WHA, BDMS, BEM and BJC

2) Countdown 120 Days Re-Opening (Trading within 3 months) – BAM, BA, BEM, BDMS, BJC, BTS, CPALL, ERW, CENTEL, CRC, SPA, HMPRO, WHA. AU and M.

3) Stocks expected good performance in 2Q21 (Trading 1-3 months) – BCH, CHG, HMPRO, GPSC, BPP, PTTGC, IVL, PTTEP, PTG, SONIC, KWM, ORI, SPALI, KKP, KBANK and MTC

4) Dividend Play (Middle-term trading 6-12 months) – LH, QH, ORI, SPALI, ADVANC, KKP, TISCO, STA, STGT, TMT, TVO and STI

5) Long term accumulative stocks (DCA) (Long-term trading over 1 year) – AOT, BEM, ADVANC, WHA, LH, CPALL, CPF, BDMS, HMPRO, BBL and KTB