Stocks in Focus on October 16, 2019: DTAC and JMART
Stocks in Focus on October 16, 2019: DTAC (Krungsri Securities TP ฿68.00/share) and JMART (Krungsri Securities TP ฿11.00/share).
Kaohoon Online has selected two stocks with a potential of high growth for investors to consider on October 16, 2019.
DTAC – KSS
Krungsri Securities (KSS) has made a short analysis on Total Access Communication Public Company Limited (DTAC), recommending “BUY” with a target price at ฿68.00/share for the trading buy opportunity before the release of 3Q19 financial statement this evening.
KSS expects DTAC to report Bt1.7b net profit vs Bt922m net loss in 3Q18, due to less competition, better cost control and recovering ARPU.
JMART – KSS
Krungsri Securities (KSS) has made a short analysis on Jay Mart Public Company Limited (JMART), recommending “BUY” with a target price at ฿11.00/share. KSS expects JMART’s subsidiaries to continue to drive earnings growth led by JMT, SINGER, and J-Asset. JMART could also attract interest following reports iPhone 11 would be launched in Thailand on Oct 18.