PSP continues to run at 8%, Broker targets 11 baht, sees 2014 profits growing close to 50%

2023-08-31 04:01:31

Reporters reported that today (31 August 2023) the company stock price P.S.P. Specialties Public Company Limited or PSP At 10:42 a.m., it was at 10.80 baht, plus 0.80 baht or 8%, the highest at 10.90 baht, the lowest at 10.10 baht with a trading value of 228.01 million baht.

Globlex Securities Co., Ltd. offers a reasonable price for PSP from Consensus at 10.00-11.10 baht. PSP operates as a Total Solution Provider, starting from the raw material procurement process. product design product production product packing storage and distribution center logistics management services and other related businesses

while Krungsri Securities Public Company Limited stated that the fair value of PSP by the share price to earnings ratio (PER) method set the appropriate price range at 10.60 baht per share, with the expected net profit of PSP in 2024 at 737 million baht to grow. 47% yoy as sales volumes will recover in line with demand growth Including the gross profit margin that recovered to 12.80% from 11.60%.

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