Stocks in Focus on November 26, 2021: IVL and BCH

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on November 26, 2021.


Maybank Kim Eng Securities (Thailand) (MBKET) has given a “BUY” recommendation on Indorama Ventures Public Company Limited (SET: IVL) with a target price at ฿57.00/share.

MBKET expected 4Q21 earnings to remain at a high level QoQ despite the low season, thanks to benefiting from China’s Dual Control Policywhich helps limit PET production, leading to tight supply, coupled With selling price adjustment and closing deal with Oxiteno in1Q22, adding to upside risks.


Asia Wealth Securities (AWS) has given a “BUY” recommendation on Bangkok Chain Hospital Public Company Limited (SET: BCH) with a target price at ฿29.00/share.

AWS expected revenue that related to COVID-19 drop, but continuing recovery of the number of common patients and alternative vaccines to help, also positive factors supporting 2022 are (1) the return to the service of normal and foreign patients, (2) the increase in the number of insured quotas, and (3) Laboratory, the importation of drugs and medical devices and distribution of vitamin water.

AWS revised 2021 net profit up 31%, reflecting the performance which was better than expected, and remained optimistic, despite a decline in earnings in 2022, partly due to an above-normal base in 2021. However, AWS’ 2022 net profit forecast is still higher than it was before the COVID-19 situation.