- Deal of the year
There are almost no competitors, just because of the selling value. ‘Tesco Lotus’ In Thailand and Malaysia that fall into the hands ofCP GroupThe total amount of up to $ 10,576 million or approximately 338,445 million baht belongs to the CP Group with CP All Public Company Limited or CPALL as the transaction. And also to smash the previous CP Group’s acquisition of Makro
The acquisition gives CP Group a dominant power in marketing in sales, combined with its existing convenience store 7-Eleven with 12,000 stores and Cash. Caring like Makro with 130 branches
Although Tesco is a hypermarket But it is inevitable that the CP Group will have a larger business size in the retail segment. With the number of branches only in Thailand with over 1,900 branches in 73 provinces reaching 15 million customers per week. It also has a large number of land assets across the country.Tesco Malaysia is able to join forces with Macco to expand to four countries in ASEAN and Asia: Cambodia, India, China and Myanmar.
Therefore, it is the source of the Trade Competition Commission (KKU) to consider such issues and have a majority of votes to be merged Under specified conditions that are not above the load that the CP group can achieve
- Cash business in full bloom
The word “Bad debt” Or NPL, it has become the fear of financial institutions facing debt cessation. Because the debtor has no income Until the National Bank has to issue measures to suspend payment of debt And relying on the timing of lower interest rates for credit card loans to help people
The more the government savings bank. Jump into the car loan market to increase the degree of competition to heat even more. Which, when I turned to see entrepreneurs, found that there was a new face (stock market), but the veteran in the market has raised capital or IPO, causing the stocks in this group to be energetic immediately.
Julius Sowet Krutmat Assistant director Analysis Department Securities companies (KASIKORNBANK) This year’s non-bank or non-bank financial stocks showed 30% better returns than the SET index, and some financial business performance could grow in 2020, including MTC and SAWAD at Can generate a new record profit in the past 3Q2020
Investment in the Financial Group in 2021 Positive Direction And recommends that if investing should have these stocks in the portfolio Expect to see more personal loan growth accelerating in 2021 following economic recovery. And the need for money of the foundation citizens is still high These loans are likely to generate better growth than GDP during the year 2020.
Therefore, in the year 2021 when loans began to expand well. Interest income is likely to grow. Counter to reduced costs It will make the profit of the financial group in the year 2021 will grow even higher as well. The outstanding stocks recommended by Kasikorn Securities are The pledge group registered MTC (target price 64 baht) and SAWAD (target price 66.5 baht). As for the credit card group, we like AEONTS (target price 244 baht)
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