Moreover kasikorn securities ks recommended that

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respectively. Moreover, Kasikorn Securities (KS) recommended that SAPPE is outperforming the market. This means that the company is doing better than the market average or known as beating the market. Then, it implies that KS's analysts also recommend investors to buy the stock company with a target price at 23.00 baht. However, TNS recommended a sell option to investors, with a 19.00 baht of target price. While the most updated report, FSS, and TISCO recommended investors to hold the stock as they expected the target price would be 18.00 baht. To conclude, as now all companies and industries are facing the impact from the COVID-19 outbreak. SAPPE was affected by the economic recession as well as the stock price drop to 16.40 baht recently. Therefore, most analysts and brokers recommend the buy option for SAPPE stock with an expectation that the price will rebound at average target price at 23.56 baht. (Figure174 )
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P a g e | 51 Appendix Financial Model
P a g e | 52 References Report 1 x 1608974/ baht-appreciation-tipped-as-capital-flows-return?from=singlemessage&isappinstalled= 0 x 9. com/s/iq 05/3028419 ?from=singlemessage&isappinstalled= 0 x 15640092764930 &language=en&country=US x 1761304/ functional-drinks-ready-for-windfall-from-lower-excise-tax x 0 x x x x References Report 2 x x x x x x x x References Report 3 x x x x - Onlinehttps:// u9lmf0rc.pdf x x x x x

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