Stocks in Focus on December 17, 2021: ATP30 and SCGP
Stocks in Focus on December 17, 2021: ATP30 (Maybank Securities TP at ฿3.24/share) and SCGP (LH Securities TP at ฿70.00/share).
Kaohoon Online has selected stocks with a high-growth potential for investors to consider on December 17, 2021.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on ATP30 Public Company Limited (SET: ATP30) with a target price at ฿3.24/share.
MST stated that the component for its new growth is complete, including international partners, funding, EV trending, and restructuring. MST added that ATP30 has stable cash flow while the transportation bus for the industrial complex remained to take market shares from this business segment, which is considerably a large market.
Land and Houses Securities (LHS) has given a “BUY” recommendation on SCG Packaging Public Company Limited (SET: SCGP) with a target price at ฿70.00/share.
LHS expected SCGP’s net profit in 4Q21 to recover from the previous quarter due to higher demand after an improved Covid-19 situation and the recognition from Deltalab. Meanwhile, LHS expected the company to have an inorganic growth due to a high amount of cash. In addition, LHS estimated outstanding growth for SCGP next year as the company will fully recognize the revenue from its M&A investment.