Stocks in Focus on December 1, 2021: TU and MEGA

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on December 1, 2021.


Maybank Kim Eng Securities (Thailand) (MBKET) has given a “BUY” recommendation on Thai Union Group Public Company Limited (SET: TU) with a target price at ฿24.60/share.

MBKET expected TU’s earnings in 4Q21 to recover in both QoQ and YoY from the recovery in the pet foods business that returns to full production capacity, which will contribute to the top and bottom line of this segment. Meanwhile, its canned tuna has positive direction from the concerns of the new Covid-19 variant and resurgence.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Mega Lifesciences Public Company Limited (SET: MEGA) with a target price at ฿63.00/share.

FSS expected MEGA to have a limited impact from the Covid-19 situation even with the new wave. FSS stated that 4Q21 earnings could have reached a record high due to its peak season.

In the long term, the company should benefit from the mega trend of healthcare. FSS expected TU’s 2022-23 earnings to grow 32% and 14%, respectively.