Stock dimension – “Step forward” Wins the election, “Pitha” volunteers to be Prime Minister The new government started giving money as a campaign to support retail stocks.
TISCO Securities stated that the Kao Klai Party and Pheu Thai were the leaders in forming the government. The new policy is expected to have an impact on the retail sector. Bank and non-bank Including the energy business The new government is expected to begin distributing funds according to campaign policies to boost domestic consumption. It’s good for retail stocks. and in the next step should be taken to reduce the monopoly power in some businesses
add weight to retail stocks
Add weight, CPALL retail stocks, basic target 76 baht and MAKRO 43 baht and consumption-related stocks, OSP target 26.5 baht, ICHI target 14.5 baht and SNNP target 30 baht, also like MTC stocks at 40 baht and TIDLOR, target at 28 baht.
For the energy group, buy is recommended during weak stock prices due to concerns about energy price cuts and public interest actions. which should pressure the stock price of this group down But we think the impact on operating results should be limited. Looking at it as an investment opportunity, we recommend PTT at 39 baht OR with a target of 25 baht and BGRIM with a target of 47 baht.
seize the moment to collect energy stocks
Maybank Securities stated that the stock market will fluctuate in the short term. But believe that the medium-term outlook for Thailand remains strong. The new government’s short-term economic measures coupled with accelerating growth conducive to consumption still like CPALL Including consumer products such as COM 7 and HMPRO, it is also expected that tourism will recover at an accelerated pace. Good for hoteliers like MINT and ERW.
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2023-05-15 15:00:35
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