High 9 SET100 Shares to Look ahead to Distinctive Development in H2 2024

Corporations listed on the inventory trade make bulletins steadily.Finances for 2nd quarter 2024 and the second half of 2024 is nearly full. What should you deal withSET100 index which displays a motion ofinventory value The primary 100 shares with the very best market capitalization Excessive liquidity They’re normally giant and medium-sized firms with excessive progress. Discovered that there are lots of attention-grabbing properties.

By “Krungthep Turakij” 9 websites had been chosen SET100 which hasFee of change of internet revenueWithin the 6-month interval of 2024 in comparison with the 6-month interval of 2023, the very best (Info from the Inventory Alternate of Thailand on 20 August 2024)

1. Betagro Public Firm Restricted BTG

• Enterprise Class: Meals and Beverage
• Revenue for the primary 6 months of 2024 at 503.73 million baht
• Revenue for the primary 6 months of 2023 at 42.19 million baht.
• Revenue elevated by 461.54 million baht or grew by 1,094.05%.
• YTD Value Return -2.92%

2.Sri Trang Gloves (Thailand) Public Firm Restricted STGT

• Enterprise class: private objects and medical provides
• Revenue for the primary 6 months of 2024 at 525.17 million baht
• Revenue for the primary 6 months of 2023 at 147.51 million baht
• Revenue elevated by 377.66 million baht or grew by 256.02%.
• YTD Return +59.70%

3. BCPG Public Firm Restricted BCPG

• Enterprise Class: Power and Utilities
• Revenue for the primary 6 months of 2024 at 1,683.95 million baht
• Revenue for the primary 6 months of 2023 at 712.96 million baht
• Revenue elevated by 970.99 million baht or grew by 136.19%.
• YTD Value Return -34.66%

4.I-Tel Company Public Firm Restricted ICT

• Enterprise Class: Meals and Beverage
• Revenue for the primary 6 months of 2024 at 1,830.59 million baht
• Revenue for the primary 6 months of 2023 at 870.03 million baht
• Revenue elevated by 960.56 million baht or grew by 110.41%.
• YTD Value Revenue +3.79%

5. The Erawan Group Public Firm Restricted ACRE

• Enterprise Class: Tourism and Leisure
• Revenue for the primary 6 months of 2024 at 778.39 million baht
• Revenue for the primary 6 months of 2023 at 380.53 million baht.
• Revenue elevated by 397.86 million baht or grew by 104.55%.
• YTD Value Return -30.29%

6.Thai Oil Public Firm Restricted TOP

• Enterprise Class: Power and Utilities
• Revenue for the primary 6 months of 2024 at 11,409.73 million baht
• Revenue for the primary 6 months of 2023 at 5,671.22 million baht.
• Revenue elevated by 5,738.51 million baht or grew by 101.19%.
• YTD Value Return -0.93%

7.WHA Company Public Firm Restricted WHA

• Enterprise Class: Actual Property Improvement
• Revenue for the primary 6 months of 2024 at 2,653.47 million baht
• Revenue for the primary 6 months of 2023 at 1,388.85 million baht.
• Revenue elevated by 1,264.62 million baht or grew by 91.06%.
• YTD Value Return -3.77%

8. SCG JWD Logistics Public Firm Restricted SJWD

• Enterprise Class: Transport and Logistics
• Revenue for the primary 6 months of 2024 at 678.89 million baht
• Revenue for the primary 6 months of 2023 at 360.54 million baht.
• Revenue elevated by 318.35 million baht or grew by 88.30%.
• YTD Value Return -27.27%

9. Carabao Group Restricted Public Firm CBG

• Enterprise Class: Meals and Beverage
• Revenue for the primary 6 months of 2024 at 1,318.97 million baht
• Revenue for the primary 6 months of 2023 at 745.31 million baht
• Revenue elevated by 573.66 million baht or grew by 76.97%.
• YTD Value Return -16.36%

Weerawat Wirojpokha, Senior Director Securities Evaluation Division of Finansia Syrus Securities gave an interview to “Krungthep Turakij” he stated Listed firms throughout the first half of the yr are thought of to be in comparatively good condition. Should you have a look at the numbers that got here out within the 2nd quarter of 2024 and should you examine the entire yr to our estimate, it is round 50%, so it’ll assist restrict draw back. All year long, the discount in dimension was fairly restricted.

Due to this fact, it’s thought of to be in a path fairly much likeGDP figureshas come out due to the GDP that got here out within the final 2 quarters. Fairly, we didn’t see that the numbers got here out decrease than anticipated. It’s thought of to be in good situation

In the meantime, the second half of the yr’s GDP is normally higher than the primary half. Due to this fact, the income of listed firms might have an opportunity to remain in the identical path.

As well as, SET100 shares have made important good points in comparison with the bottom that adjusted down from final yr. The shares that rose within the first half of this yr had been 100 -1,000% as a result of the final half of final yr was fairly dangerous. Most of them are within the meals and meat teams, no matter whether or not CPF BTG has turned from loss to revenue.

It’s endorsed that investments in the remainder of this yr must be higher than the primary half. with GDP rising and politics seeming extra secure and measuresstimulate the financial systemIt ought to come out centered within the 4th quarter of 2024, so the SET ought to begin to get better.

Paradon Tianpramote The Director of the Analysis Division, Asia Plus Securities, offered further data that the revenue of listed firms in 2Q24 was at 260 billion baht, down 3% QoQ and rising 16% YoY, which was thought of excellent. The income of listed firms are thought of to be higher than what is anticipated by the market. and improved from GDP numbers This helped carry income within the first half to 530 billion baht, increased than final yr’s first half of 510 billion baht.

Within the second half of the yr, it’s believed that GDP ought to go its lowest level and can steadily get better, together with the income of listed firms in comparison with the earlier yr. it’ll develop excellently Thought-about fortunate from the 4th quarter of 2023 which was a gap following final yr’s low GDP numbers.

So, for the remainder of the yr, we see good progress alternatives for listed firms, which is able to enhance YoY whereas Valuation Thai Sharescontinues to be low cost, creating an incentive for safer belongings to enter riskier belongings It’s endorsed that traders can steadily accumulate as a result of shares will be capable to get better.