Daily Strategy for Investors on April 7, 2020

Asia Wealth Securities (AWS) released an analysis for the trading session on April 7, 2020, indicating the essential events in the stock market as follows:

 

Investment Ideas:

AWS expects the SET Index to stand in positive territory, but it still has a high chance of fluctuation.

1) Crude oil prices fluctuated due to the uncertainty of the attitude of the major oil producing countries. Must follow the OPEC+ meeting on 8-9 April.

2) The COVID-19 situation started to have a positive signal, but it cannot be trusted.

3) This week still has to follow the FOMC and ECB meeting, including the number of people who applied for unemployment benefits for the first time in the US on 9 April 2020.   

4) The petrochemical and refining business performance in 1Q20 was a huge loss from stock loss.

 

Today’s analysis: Earning Preview: TU

AWS expects the SET to be with the range 1,128-1,153 points.  

Technical stocks recommendation: KTB, WHA, AMATA, PTG and GUNKUL.

 

Theme Investment: 

1) Slightly affected stocks from COVID-19, AWS chooses TU (TP Bt18.40) GFPT (TP Bt12.00) CPF (TP Bt33.00) TFG*(TP Bt5.35) BJC*(TP Bt48.00) CPALL (TP Bt85.00) and TQM*(TP Bt69.00). 

2) Down side limiting and strong cash flow, AWS chooses BGRIM (TP Bt59.00) EGCO (TP Bt358.00) GULF*(TP Bt164.00) GPSC (TP Bt82.00) and RATCH*(TP Bt72.25).

3) Stocks which obtain the benefit from work from home measure, AWS chooses WP* ADVANC (TP Bt250.00) INTUCH*(TP Bt76.75) DTAC*(TP Bt48.50) TRUE*(TP Bt4.50) DIF*(TP Bt17.20) and COM7*(TP Bt28.50).

4) Stocks for long-term investment (DCA), AWS chooses ADVANC (TP Bt250.00) AOT (TP Bt79.00) BDMS  (TP Bt27.50) BEM (TP Bt12.50) and DIF*(TP Bt17.00).

5) Defensive & high dividend, AWS chooses KKP (Div.Yld. 15.9%) QH (Div.Yld. 9.3%) DIF*(Div.Yld 8.2%) TISCO (Div.Yld. 8.7%) INTUCH*(Div.Yld. 6.2%) TTW*(Div.Yld. 4.8%) and RATCH*(Div.Yld. 4.2%) *IAA Consensus.