Stocks to Gain and Lose from Flood in Thailand



While the destruction arising from the floods is undoubtedly major, it may indirectly benefit some Malaysian companies. Companies involved in tourism and healthcare in Malaysia may benefit from traffic diverted from Thailand, a trend that may continue even after the flood waters recede. Consumer companies may get a short term lift from increased exports to Thailand.

On the other hand, automotive and technology companies are the biggest losers.

Below are the target prices/fair value and ratings for stocks to benefit.

Stock Price (RM) Target (RM) Market Cap (RM million) Rating
AirAsia 3.74 5.18 10,389.3 Buy
Malaysia Airport 5.70 7.36 6,270.0 Buy
KPJ Healthcare 4.15 5.21 2,404.3 Buy
QL Resources 2.80 3.62 2,329.6 Buy


Below are the target prices/fair value and ratings for stocks to lose.

Stock Price (RM) Target (RM) Market Cap (RM million) Rating
JCY 0.54 0.31 1,104.2 Sell
Eng Teknologi 1.55 1.45 190.2 Sell
Notion VTec 1.65 1.43 255.0 Sell
UMW 6.80 6.29 7944.4 Sell

Source : OSK Research


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