Post by account_disabled on Dec 27, 2023 2:42:10 GMT -8
AIRA Securities assesses the direction of the Thai stock market in February. likely to recover After the index fell below 1,500 points, the P/E level was close to the past 5-year average of 18 times, plus the dividend announcement season. Resulting in speculation on dividend stocks. Especially stocks whose share prices have dropped sharply. It has a return higher than 5% and provides support of 1,485 points and resistance of 1,566 points. Ready to organize a portfolio of stocks worth investing in 3 prominent groups, highlighting the Dividend group - construction contractors - Health Care Play. The Research Department of AIRA Securities Public Company Limited or AIRA assessed the direction of the Thai stock market during February that the index has a chance of recovering. After the index dropped 1,500 points due to positive factors from excess capital flows from both the FED and ECB that continued to signal easing of monetary policy. Including the announcement of operating results for the 4th quarter of 2019 of stocks in the Real Sector group that will gradually come out until the end of February. And it is entering the dividend payment season.
It is expected that there will be an opportunity to see speculation. and buy back stocks whose prices had fallen sharply before, causing the dividend yield to be at an attractive level Therefore, we evaluate the movement of the index with the first support level at 1,500 points and the next support level at 1,485 points, the first resistance level at 1,543 and the next resistance level at 1,566 points. " In January, the Thai stock market was alarmed by the negative factors of the spread of the coronavirus. and domestic issues from budget disbursement that had to be delayed. This pressured the Thai stock market WhatsApp Number List to fall below 1,500 points, which is considered to be close to the average P/E over the past 5 years at 18 times." As for issues that still need to be watched this month, such as the MPC meeting where there is a possibility of reducing the policy interest rate by at least 0.25%, the 5G spectrum auction, the political situation in the country. It may affect investment and create volatility in the overall Thai market and oil price trends. There is a chance of an increase if the oil producer group extends the production reduction period beyond the original March 2020 deadline. Therefore, recommend an investment strategy focusing on stocks in the Dividend Play group such as JASIF.
TOP, ORI, SPALI, SCB, AP and BTS whose prices have dropped sharply and the dividend payout rate is above 5%. It is expected that there will be speculation in Such stocks are before the announcement of dividend payments during March - April 2020. Followed by construction contractor stocks such as CK, STEC, UNIQ and SEAFCO because they saw that the stock price had gone down and they had already heard quite a lot of bad news. while anticipating new projects from the government sector that will begin entering in the second half of 2020 It will encourage the share price of construction contractors to recover. And finally, the Health Care Play group such as BCH, CHG and RJH as a Defensive Stock from consistent income. Along with positive points from the increase in the social security lump sum payment per head. Support this year's operating results to grow outstandingly and gradually accumulate stocks that are uniquely interesting, including AOT, CBG, GPSC,
It is expected that there will be an opportunity to see speculation. and buy back stocks whose prices had fallen sharply before, causing the dividend yield to be at an attractive level Therefore, we evaluate the movement of the index with the first support level at 1,500 points and the next support level at 1,485 points, the first resistance level at 1,543 and the next resistance level at 1,566 points. " In January, the Thai stock market was alarmed by the negative factors of the spread of the coronavirus. and domestic issues from budget disbursement that had to be delayed. This pressured the Thai stock market WhatsApp Number List to fall below 1,500 points, which is considered to be close to the average P/E over the past 5 years at 18 times." As for issues that still need to be watched this month, such as the MPC meeting where there is a possibility of reducing the policy interest rate by at least 0.25%, the 5G spectrum auction, the political situation in the country. It may affect investment and create volatility in the overall Thai market and oil price trends. There is a chance of an increase if the oil producer group extends the production reduction period beyond the original March 2020 deadline. Therefore, recommend an investment strategy focusing on stocks in the Dividend Play group such as JASIF.
TOP, ORI, SPALI, SCB, AP and BTS whose prices have dropped sharply and the dividend payout rate is above 5%. It is expected that there will be speculation in Such stocks are before the announcement of dividend payments during March - April 2020. Followed by construction contractor stocks such as CK, STEC, UNIQ and SEAFCO because they saw that the stock price had gone down and they had already heard quite a lot of bad news. while anticipating new projects from the government sector that will begin entering in the second half of 2020 It will encourage the share price of construction contractors to recover. And finally, the Health Care Play group such as BCH, CHG and RJH as a Defensive Stock from consistent income. Along with positive points from the increase in the social security lump sum payment per head. Support this year's operating results to grow outstandingly and gradually accumulate stocks that are uniquely interesting, including AOT, CBG, GPSC,