สนาม: สำนักข่าวซินหัว
บทนำ:In the short term, Maybank sees this issue as a mild positive to investment sentiment focusing on domestic play sectors. Fundamentally, Maybank expects the 2Q19 earnings of retailers, finance and construction stocks may see an average growth of about 10-20% while the energy, petchem, and refineries (excluding PTTEP) may see a decline YoY, due to trade war impact through lower spreads, GRM (high base in 2Q18 such as IVL, PTTGC and IRPC.)Investment ThemeMaybank estimates the SET index to swing in a range of 1,630 +/- points (unclear on trade war issue). Maybank recommends domestic play stocks.Big Issue 1) China s industrial profits fall in first 4 months to 3.4%. China s Commerce Ministry set to raise tariffs on imported Phenol from US, EU and other countries including Thailand, effective from May 27. 2) PTTGC to buy back shares, no more than THB 3 billion worth, starting June 11 Dec 9. BTSGIF suspends dividend payout.Stock Pick and Trading Idea For high-risk takers, recommends trading buy domestic play stocks. Recommend SAWAD (target price Consensus THB 55). The share is trading at PER19 of 18x (MTC 23x). The market expects earnings to grow 28% this year. It is waiting for BFIT to increase capital and it is likely to tender offer (if BFIT shareholders would not increase their rights, making SAWAD to hold more than 50% of shares). Details should be clear in June. ...
ลิงค์ที่เป็นมิตรเวลาปัจจุบัน:2021-03-07