Stocks in Focus on June 16, 2021: PJW and CHG
Stocks in Focus on June 16, 2021: PJW (Asia Wealth Securities TP at ฿6.25/share) and CHG (Finansia Syrus Securities TP at ฿4.00/share).
Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 16, 2021.
Asia Wealth Securities (AWS) has given a “BUY” recommendation on Panjawattana Plastic Public Company Limited (PJW) with a target price at ฿6.25/share.
AWS expected PJW to turn around in 2021 after the auto parts paint business turned a full-year profit and business in China with lower losses, as well as prepare to enter the business of manufacturing and distributing medical materials which expected the revenue in 2022 of Bt300.0mn, expected to support the share price of Bt1.5-2.0.
Meanwhile, the Hydro-Floating Solar Hybrid business from EGAT is the next step towards leapfrog growth in the long term.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Chularat Hospital Public Company Limited (CHG) with a target price at ฿4.00/share.
FSS expected CHG’s 2Q21 earnings to reach a record high of more than 300 million baht, representing a 19% increase QoQ and 94% YoY, buoyed by the resurgence of Covid-19. Meanwhile, CHG’s new hospitals such as RPC and 304 are expected to return to profit this year. FSS estimated net profit in 2021-2022 to grow 26% and 6%.