Post by account_disabled on Jan 6, 2024 8:06:45 GMT
TISCO Securities expects short-term Thai stocks to enter the saturation period. Looking to start resting until the end of July after hearing the news of the Fed raising interest rates a lot. In addition, the operating results for the second quarter may be lower compared to the previous year. and last quarter Recommend investing in stocks with short-term positive issues, good budget and interim dividend payments, Mr. Apichart Phubanjerdkul Senior Director Strategic Analysis Division TISCO Securities Co., Ltd. (Mr. Apichat Poobunjirdkul, Senior Strategist, TISCO Securities Co., Ltd) revealed that it estimates that the Thai stock index in the short term will enter the saturation period. and fluctuate and rest until the end of July. With an important support frame around 1,690 - 1,715 points, the reason is that the operating results of Thai listed companies in the 2nd quarter of 2019 may grow less compared to the same period of the previous year. and decreased compared to the previous quarter.
In addition, stock markets around the world have already heard the news of the Industry Email List Federal Reserve's (Fed) interest rate cut, and the baht has begun to depreciate again after the Bank of Thailand adjusted the criteria for measures to prevent baht speculation to be more stringent. In this regard, from the collection of profit estimates for the second quarter of 2019 of the market in total of 133 companies (Bloomberg Consensus), with a total market value accounting for 79% of the total market value (information as of 17 July), it is expected that listed companies Thailand will have an overall net profit of 194 billion baht, a decrease of 9% compared to the same period last year (YoY) and a decrease of 11% compared to the previous quarter (QoQ) because it was affected by the economic situation. slow down The price of oil has decreased. and setting aside employee benefits according to the new labor law Therefore, investors are advised to be more careful in investing. and choose to invest individually "Strategic investment TISCO Securities recommends finding a moment to defend during the period of weakness in the important support area. Focusing on investing in stocks that have 3 characteristics: 1. They have positive issues in the short term.
2. The budget is expected to be good and 3. There will be interim dividend payments. The main investment theme during this period Still like stocks based on the domestic economy that are expected to benefit from the new government's economic drive. Both in terms of consumption and investment But I want investors to choose to invest only in stocks that are expected to grow compared to the previous year. and there is an interim dividend payment,” Mr. Apichart said. Outstanding stocks recommended for investing in the next 2-4 weeks are HMPRO, M, AMATA, ROJNA, EASTW, CK, SEAFCO, PYLON and TASCO. In addition, for investors who like stocks that pay high dividends. With a dividend payout rate of more than 5% per year and wanting to receive returns from this period's dividends. TISCO Securities recommends investing in stocks ANAN, ASP, DIF, HANA, INTUCH, JASIF, KAMART, KKP, LH, LPN, MC, QH, ROJNA, SIRI, SPALI, TKS, TPIPP and TVO. Mr. Apichart said that for evaluating the operating results of Thai listed companies in the second quarter of 2019, it is expected that the main industry groups have a total profit of 10 billion baht or more.
In addition, stock markets around the world have already heard the news of the Industry Email List Federal Reserve's (Fed) interest rate cut, and the baht has begun to depreciate again after the Bank of Thailand adjusted the criteria for measures to prevent baht speculation to be more stringent. In this regard, from the collection of profit estimates for the second quarter of 2019 of the market in total of 133 companies (Bloomberg Consensus), with a total market value accounting for 79% of the total market value (information as of 17 July), it is expected that listed companies Thailand will have an overall net profit of 194 billion baht, a decrease of 9% compared to the same period last year (YoY) and a decrease of 11% compared to the previous quarter (QoQ) because it was affected by the economic situation. slow down The price of oil has decreased. and setting aside employee benefits according to the new labor law Therefore, investors are advised to be more careful in investing. and choose to invest individually "Strategic investment TISCO Securities recommends finding a moment to defend during the period of weakness in the important support area. Focusing on investing in stocks that have 3 characteristics: 1. They have positive issues in the short term.
2. The budget is expected to be good and 3. There will be interim dividend payments. The main investment theme during this period Still like stocks based on the domestic economy that are expected to benefit from the new government's economic drive. Both in terms of consumption and investment But I want investors to choose to invest only in stocks that are expected to grow compared to the previous year. and there is an interim dividend payment,” Mr. Apichart said. Outstanding stocks recommended for investing in the next 2-4 weeks are HMPRO, M, AMATA, ROJNA, EASTW, CK, SEAFCO, PYLON and TASCO. In addition, for investors who like stocks that pay high dividends. With a dividend payout rate of more than 5% per year and wanting to receive returns from this period's dividends. TISCO Securities recommends investing in stocks ANAN, ASP, DIF, HANA, INTUCH, JASIF, KAMART, KKP, LH, LPN, MC, QH, ROJNA, SIRI, SPALI, TKS, TPIPP and TVO. Mr. Apichart said that for evaluating the operating results of Thai listed companies in the second quarter of 2019, it is expected that the main industry groups have a total profit of 10 billion baht or more.