Stocks in Focus on July 21, 2022: KKP and SC

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 21, 2022.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Kiatnakin Phatra Bank Public Company Limited (SET: KKP) with a target price at ฿88.00/share.

MST stated that KKP’s 2Q22 earnings at 2 billion baht (+50% YoY) was better than MST and the market estimates by 15% and 8%, respectively. The increase was due to higher interest income and lower expected credit loss while giving a high dividend yield around 5.7%.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on SC Asset Corporation Public Company Limited (SET: SC) with a target price at ฿4.60/share.

SC expected the 2Q22 profit to grow remarkably (+47% Q-Q, +10% Y-Y), in line with its new-high quarterly presales. Also, it had support from its solid low-rise presales and transfers and condo demand recovery. The quarterly profit will likely continue accelerating Q-Q and Y-Y in 2H22 due to aggressive low-rise launches and transfers of three newly- built condos in 4Q22.

SC maintained its 2022E profit growth (+15% Y-Y). Currently, SC trades on a PE of only 5.7x. Also, it offers a high dividend yield of roughly 7%.

SC has support at Bt3.20//3.10 and resistance at Bt3.40//3.50