Stocks in Focus on April 14, 2020: WHA and AMANAH
Stocks in Focus on April 14, 2020: WHA (Maybank Kim Eng TP at ฿3.60/share) and AMANAH (KTB Securities TP at ฿4.00/share).
Kaohoon Online has selected stocks with a potential of high growth for investors to consider on April 14, 2020.
Maybank Kim Eng has given a “BUY” recommendation on Wha Corporation Public Company Limited (WHA) with a target price at ฿3.60/share.
Maybank states that the share price has partially priced in negative news of Covid-19. At the moment, prices of stocks in the industrial estate sector remain laggard to the market, coupled with the potential of production base relocation from China in the medium term, this may lead to more speculative pressure on the sector.
KTB Securities (Thailand) (KTBST) has given a “BUY” recommendation on Amanah Leasing Public Company Limited (AMANAH) with a target price at ฿4.00/share.
KTBST states that the financing sector started to recover from the plummet, especially AMANAH that would receive a positive factor from the lower financial cost as the interest rate was kept at minimum. KTBST expected AMANAH’s net profit in 2020 to be 290 million baht, increasing 18% YoY.