Stock dimension – SINGER The broker expects sales of electrical appliances to surge in the summer, toxic dust PM 2.5. The broker is confident that this year’s profit will exceed a billion, encouraging a target of 23 baht.
SINGER by a news source in the analyst circle reveals that sales of electrical appliances, especially air conditioners, meet the summer season. And during the PM 2.5 toxic dust period, since the air conditioner has a PM 2.5 filter system, etc., it may be reflected from the Q1 period in March ’23 and the effect period until the Q2 period.
” The broker is confident.
This year, the profit exceeded a billion.
CGS-CIMB Securities stated that SINGER’s 2013 net profit was expected to be around 1.18 billion baht, growing 26% from the previous year, recommending a “buy” target of 23 baht, while Globe Securities. Recommend investing in SINGER. Support is estimated at 18.40 baht / resistance 19.00-20.20 baht / cut loss 18.20 baht. Closing price 18.80 baht. Climb up from Bottom with volume support and MACD+Slow Sto. Send a buy signal. If it passes 19.00 baht, hope to test. EMA-25 at 20.20 baht
” Confident that this year’s performance will grow
Emphasis on controlling the NPL
“Kittipong Kanokvilairat” President of SINGER revealed that this year the company focuses on managing NPLs and expects revenue in 2023 to grow from last year.
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