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November 11, 2020
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Broke noted that the tourism sector has stepped up vaccines, led by “Minor-Asset. World-Airports of Thailand, “CGS-CIMB” indicates that the short term can rest after a sharp rise. “Yuan Ta” recommends keeping stocks to receive good results. Vaccines in portfolio, but stocks still rising Not much
Pfizer and Biotech publish the results of the COVID-19 vaccine trial, which is 90% effective in preventing infections. And get ready to file the vaccine with the US Food and Drug Administration (FDA) sometime next week. This resulted in an increase in the number of stocks in the travel, airlines, retail, oil, refineries, commercial banks, etc. sector.
For large stocks in the tourism sector, a strong increase, led by Minor International Public Company Limited (MINT), rose 26.23% or 4.80 baht to 23.10 baht, followed by Asset World Corp Plc. (AWC) increased 20% or 0.68 baht to 4.08 baht, Airports of Thailand Plc. AOT 18.34% or 10.50 baht, at 67.75 baht.
Mr. Kiticharn Sirisuk-archa, Senior Director of Securities Research Department CGS-CIMB (Thailand) said the progress of the vaccine news is positive for the tourism sector, hotels and airline stocks. Stocks that will rise if the economy recovers, such as banks, oil banks, refineries, increase.
In the short term, we believe that such stocks may have a correction before yesterday (10 Nov) increased strongly As a result, investors should choose to invest in those stocks whose share prices are still lower than fundamentals and are likely to your performance improves.
For the stock the company recommends is MINT because the share price has dropped by 49% in the past and performance will recover strongly because it benefits if foreign countries have better control of the epidemic. Because most MINT hotels It is in a foreign country, refinery group As the demand for oil increases from the public to travel to introduce Thai Oil Public Company Limited, TOP and Star Petroleum Refining Public Company Limited or SPRC and both companies, the share price from the beginning of the year to November 9, a 45% reduction in workforce and the retail group recommends Central Retail Corporation Public Company Limited or CRC, Central Pattana Public Company Limited or CPN will benefit from tourists returning due to spending on famous department stores. say
Mr. Soraphon Weerametikul, Senior Director, Kasikorn Thai Co., Ltd. said the shares benefited from news of progress in vaccine development led by the petrochemical group of the secondary transport bank as shares. Construction Group Media Finance At the same time, the group shares, banks, airports, shopping centers. There have also been hikes.
The strategy For investors who can still accept risk AND came out of training to the last round You may consider investing more in the second row of stocks. This is because it is a group of stocks that are not under pressure from political factors and the price has dropped quite a bit. It is considered to select a person at an appropriate target price, such as BEM 10.60 baht per share, JMT 39 baht per share, MTC 64.5 baht per share, CK 29.60 baht per share, TISCO 84 baht per share.
Mr. Natthaphon Khamthakruea Director of Securities Analysis Yuanta Securities (Thailand) said Thai stocks received news of progress in vaccine development earlier than expected. Support for the bottom six sleeping stocks, such as banking, real estate, travel, entertainment, medical, transportation, will rebound. A strong share buyback is also expected after previously short selling, which will make the price rise faster.
Due to the progress of the vaccine, investors must have stocks that benefit from these factors in their portfolio. But investors should choose individual investments that have not yet increased significantly and have the opportunity to continue, such as medical groups, hotels, banks like BDMS for reasonable prices. 24.30 baht per share, EKH offers a reasonable price 4.90 baht per share, CENTEL offers a reasonable price. 29.30 baht per share and KBANK 100.50 baht per share
