Stock dimensions – KSL rebounds to get world sugar prices rising for the 6th time, orders spill, profits rise
KSL by “Nomura Securities” revealed that there is a positive view on KSL shares from world sugar prices rising to the highest level in 6 years because of consumption that signals a recovery, India will use sugarcane to produce A More Tanol, Brazilian Real Appreciates Causing Brazilian sugar exporters to slow down exports.
Responding to rising sugar prices
Including the trend of sugar production in Europe is lower than expected. Causing to import more sugar than previously expected Such factors will support the world sugar price to increase this year. All are good for KSL stocks, resulting in continuous growth in profits and income. Recommend “buy” with a target of 4.80 baht.
“Pai Securities” revealed that the operating results for the year 2023 (Nov. 22-Oct. 23) are expected to grow significantly. With the volume of cane crushing increasing in line with the Thai cane volume at 7.53 million tonnes of cane, an increase of 15%YoY, and the yield of 0.8-0.9 million tonnes of sugar, an increase of 15-29%YoY, and the high average price of sugar futures. climb
get propertyBBGI-new high profit
Including KSL may gain indirect benefits from BBGI, which has the opportunity to receive more orders after BCP bought ESSO as well. Making a new high of 19,053 million baht, growing 17%, suggesting “speculative” with a target of 4.90 baht.
Follow the stock dimension channel to receive capital market news via the link below.
Web : https://www.mitihoon.com/
Facebook : https://www.facebook.com/mitihoon
Youtube : https://www.youtube.com/@mitihoonofficial7770
Tiktok : www.tiktok.com/@mitihoon
