Kingsford recommends gradually buying 10 Value & Defensive Play stocks as SET faces resistance at 1,620–1,630 points

HoonSmart··TH·Read original
2▲12 ▼0Impact / 5
Summary · why it matters

Kingsford Securities expects the SET index to trade sideways today within a support level of 1,600 points and resistance at 1,620 to 1,630 points, awaiting the outcome of negotiations to open the Strait of Hormuz and supported by strong earnings from large listed companies. The brokerage recommends gradually accumulating Value and Defensive Play stocks, naming 10 securities: KBANK, KTB, GULF, GPSC, ADVANC, TRUE, CPALL, BH, BDMS, and BEM. For ADVICE, it recommends speculative buying with an IAA Consensus target price of 7.80 baht, expecting second-quarter 2026 profit to rise both quarter-on-quarter and year-on-year, driven by improving gross margins as IT product prices gradually increase, while robust sales of smartphones and other goods help offset the shortage of iPhones. The market forecasts 2026–2027 profit at 401 million baht, up 50% from the previous year, and 413 million baht, up 3% from the previous year. For AP, it recommends buying with an IAA Consensus target price of 9.74 baht, benefiting from the reduction of transfer and mortgage fees to 0.01% for residential properties priced up to 7 million baht, extended until 30 June 2027. It expects second-quarter 2026 pre-sales to grow both year-on-year and quarter-on-quarter, supported by low-rise projects and a low base last year due to the earthquake. The market forecasts 2026 net profit at 4.62 billion baht, up 7% from the previous year, and 2027 net profit at 4.92 billion baht, up 6% from the previous year, with a forward PE of 5.6 times, PBV of 0.5 times, and dividend yield of 6.5%.

Impact on assets 12

Cloud & Digital Infrastructure▲ · 2 stocks
Energy Transition & Power Demand▲ · 2 stocks
Global Power Synergy PCL
GPSC
▲ PositiveDemandrelevance

Kingsford recommends buying GPSC as a defensive play, expecting strong earnings from power demand.

Financials▲ · 2 stocks
Consumer Discretionary▲ · 1 stocks
Advice It Infinite Pcl
ADVICE
▲ PositiveDemandrelevance

Advice It is recommended for speculative buying with rising Q2 2026 profit driven by improving margins and robust smartphone sales.

Real Estate▲ · 1 stocks
Aging Population▲ · 1 stocks
Industrials▲ · 1 stocks
Health Care▲ · 1 stocks
Bumrungrad Hospital PCL
BH
▲ PositiveDemandrelevance

Kingsford recommends buying BH as a defensive play, expecting strong earnings and benefiting from healthcare demand.

Digital Finance & Tokenization▲ · 1 stocks
© 2026 MarketIVNews