#Keep up to date with stocks – Land and Houses Securities has released an analysis by recommending 4 securities, which include fundamental-investment techniques, AOT-BBL-BH and EGCO, taking into account fundamental factors. Including strategies and recommendations for each security.
AOT stock recommends buying with a target of 76 baht.
– Expected 1QFY67F (Oct-Dec 2023) profit is still recovering well YoY and QoQ, reflected in passenger numbers. and the number of flights October-November 2023 increased by 29.4%YoY and 20.1%, respectively.
– FY67F profit is expected to be +35% YoY, although Chinese tourists will return later than expected. of measures to stimulate domestic tourism in China
– Stock prices have fallen in response to negative sentiment from China canceling flights to Thailand between Dec ’23-Jan. ’24 of 39% Other airlines have stepped in to compensate for flights at that time. It can help support continued growth.
– Support 59.5/60, Resistance 62/62.5
BBL stock recommends buying with a target of 207 baht.
– Q3/2023 profit was still growing at a high +48%YoY as a result of a high increase in interest income following interest rate increases + reduced provisions, resulting in 9M66 profit growing to +51% YoY.
– Supporting strong profit growth throughout the year, expected to reach 44%, considered as the bank that expects this year to have the most outstanding profit growth in the group.
– It is a good fundamental stock. Strong capital reserves, high reserves, high coverage ratio of 283% and good management of asset quality.
– The current price is still very cheap, trade only PBV 0.55x.
– Support 148/150, Resistance 156/160
BH stock, recommended buy, target 310 baht.
– Profit Q3/2023 +30.2% YoY, 11.8% QoQ as a result of the season and foreign patients which continue to increase.
– 9M23 profit grows 55.8% + 4Q23 profit is expected to weaken QoQ but still grow YOY by not less than 15% following the growth of foreign patients and Thai patients. Help support revenue growth of approximately 10% YoY, supporting expected profit growth of approximately 43% this year and continued growth of 8.2% next year.
– Support 213/215, Resistance 222/226
It is recommended to buy EGCO shares with a target of 193 baht.
– Strong Q3/66 Operating Profit 3.3 billion baht (+26% QoQ, +13%YoY) supported by high Hydro season in Laos + profit from US power plants. Increase+Paju In South Korea, profits remain good. Including the profits of IPPs and SPPs in Thailand, it increased.
– EGCO is entering the infrastructure business in Indonesia, with an investment value of 6.8 billion baht, which is seen as a good deal from a stable business with growth potential for future business expansion.
– Next year’s profit trend has the opportunity to continue growing. of new production capacity in the US and profit sharing from Yunlin after construction progress went well.
– Support 126/127.5, Resistance 133/134
#basics #AOTBBLBHEGCO #investment #techniques
