Stocks in Focus on January 31, 2022: SC and NER

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on January 31, 2022.

 

Maybank Securities (Thailand) (MST) has given a “BUY” recinnebdatuib on SC Asset Corporation Public Company Limited (SET: SC) with a target price at ฿4.10/share.

MST stated that presale in 2021 is expected to grow 31% YoY, the best in the sector, from the strong sales of low-rise real estate. Sales in 2022 are expected to continue growing from the launch of new projects worth almost 40 billion baht, which is triple the growth from last year. In the meantime, the share price is trading at 6.5x PE and expects a high dividend of 6% p.a.

 

Phillip Securities has given a “BUY” recommendation on North East Rubber Public Company Limited (SET: NER) with a target price at ฿9.90/share.

Phillip Securities stated that it maintained a positive view on NER’s operation in 4Q21, expecting to increase YoY and QoQ with a sales revenue of 5,965 million baht. The lower volume will be offset by a 10% YoY and 9Y QoQ increase in average selling price, resulting in a 13.3% margin. The expenses should grow 44% from higher sales. The net profit should increase 15% QoQ and 20% YoY to 507 million baht. The current trading price is at 6.5x PE.