Kaohoon’s Top News on January 25, 2021

– The analyst expected five sectors (Banking, Media, Utility, Hospital and Transportation) to receive positive factors in response to the easing of Covid-19 restriction, recommending TISCO, KBANK, PLANB, OSP, RS, CRC, M, BDNS, BCH, PR9, BEM and BTS.

– The banking sector’s 4Q20 earnings was 36.8 billion baht in total, decreased 15%. Meanwhile, 2020 earnings was reported at 138 billion baht in total, decreased 32% due to a record-high provision over 246 billion baht, which was 44% higher than the previous year in response to the coronavirus outbreak. The analyst advised investors to keep a close eye on the dividend payment of the banking sector, eyeing on KKP with a forecasted dividend payment at ฿3.00/share (5.4% yield), TISCO with a forecasted dividend payment at ฿3.80/share (4.0% yield) and SCB with a forecasted dividend payment at ฿2.40/share (2.6% yield).

– PTG joined hands with a partner to expand its electric-charger stations, expecting five stations in the first-phase project within February. The company estimated 30 stations to be ready this year. Moreover, the company also continued the feasibility study of establishing an ethanol plant with an investment value around 100-200 million baht.

– PIMO estimated an outperform earnings in 2020 in response to higher demand and orders for motors. The official announcement for its earnings will be on February 21, 2021. The company expected its 2021 earnings to increase 20%, while asserting that the company is negotiating with partners who produce electric-motorcycle motors. The analyst expected PIMO’s 2020 earnings to make a record high at 100 million baht.

– The analyst expected SCGP to report positive 2020 earnings on January 26, 2021 at 6,266 million baht, an increase of 19%, while estimating 4Q20 profit to reach 1,551 million baht, increasing 30% YoY. The analyst recommended “BUY” at 50-51 baht per share, expecting the Go-Pak acquisition to increase its 2021 profit higher.