Stocks in Focus on November 18, 2021: MINT and DTAC

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on November 18, 2021.

 

KGI Securities has given an “Outperform” rating on Minor International Public Company Limited (SET: MINT) with a target price at ฿42.00/share.

KGI Securities stated that it maintained a positive outlook on hotel business in anticipation for a gradual recovery in 4Q21F from an improved performance in the hotel and restaurant businesses. The hotel business has positive outlook, led by the operation in Europe and Maldives, while SSSG of restaurant business improved from -7.2% in 3Q21 to -0.5% in October. KGI saw a faster recovery rate for MINT compared to other stocks in the sector.

 

Maybank Kim Eng Securities (Thailand) (MBKET) has given a “BUY” recommendation on Total Access Communication Public Company Limited (SET: DTAC) with a target price at ฿45.10/share.

MBKET expected operating results in 4Q21 to improve with a recovery in an average revenue per user (ARPU) as well as profit margin after the relaxation of lockdown and the reopening that would increase the revenue from higher tourist arrivals. MBKET expected the competitiveness in the sector will slow down in the mid term.