7 Real Estate Companies Worth Keeping an Eye on the Direction of Real Estate Stocks in 2024 The BoT governor has asked the BoT governor to temporarily relax the Home Loan Supervisory Rules, or LTV, in 2024, which will have a positive impact on connected businesses. Both upstream and downstream are multiple. If this can be done, it will be a positive factor for the share price to increase. Infiltrating the 10 strongest real estate stocks with dividend yields of 7% or more through 2024, this has become the strong point of this group of stocks, apart from high dividends.
1.NCH NC HOUSING PUBLIC COMPANY LTD Dividend YTD Year 67 10.09%, Year 66 10.89%, Year 65 is 5.19%, YTD Price Return Year 67 +6.93%, Year 66 -34.42%, Price 18 Jan 2024 High 1.08 Baht. /Last 52-week low is 1.68 / 0.98 baht, P/E value is 6.67 times, NCH 2012 Holding Company Limited has the largest share of 51.00%. Dividend policy is not less than 40% of net profit after deduction of tax and legal reserve of consolidated financial statements.
Executives expect the performance trend to clearly improve in Q4 2023 compared to Q3 2023 as it is the high season of real estate development business. This will increase the sales of the business. For the 2023 operating results, NCH estimates revenue of approximately 3.2 billion baht, a leap in growth compared to 2022. And the number is considered high since the company was founded because the business has a lot of sales waiting to be converted.
2. Sena Sena Development Public Company Limited Dividend YTD Year 67 8.77%, Year 66 is 8.70%, Year 65 is 5.35%, YTD Price Return Year 67 +2.54%, Year 66 -40.10%, Price 18 Jan 2024 2.42 Baht/, Max. Last 52 weeks lowest price is 4.06 / 2.26 baht, P/E value is 7.11 times, Mr. Thiravath Thanyalakbagh holds the largest share of 16.21%. Dividend policy shall not be less than 40% of net profit after deducting reserves. Law
SENA benefits from low interest rates as it has a complete real estate portfolio. Including warehouse businesses, shopping centers, golf courses and solar roof tops, the plan to attract consumers to save the world aims to push it into the top 10, with profits increasing by 168 million in the first 9 months, up 43%, and most recently received a 2023 Sustainability Disclosure Award. Recognition) for 2nd year
3.ORI Origin Property Public Company Limited Dividend YTD Year 67 8.52%, Year 66 is 8.52%, Year 65 is 4.46%, YTD Price Earning Year 67 is unchanged, Year 66 -30.17%, Price 18 Jan 2024 8.45 Baht, High/Low last 52 weeks 12.90 / 8.05 Bhat, with a P/E value of 5.60 times, Mr. Peerapong Saroon-Ek holds 9.58% of the shares and his grandfather Mr. Sompong Songkatimrongul ranked 4th with 3.99%, Ms. Chia Bu's wife, Varuni, was ranked 6th with 1.41% and Mr. Diwa Chintadapong is ranked 10th with 0.63%, dividend policy is not less than 40 percent of profit for the year.
Latest move: ORI invests 100 million baht to buy 5.88 million NETBAY shares from Pichit Wiwatrujirapong, raising it to No. 3 in Netbay's shareholder structure. We hope to increase opportunities to create cooperation in the field of digitization and raise the level of comprehensive business expansion in the future.
4.BRI Britannia Public Company Limited Dividend YTD Year 67 8.48%, Year 66 8.58%, YTD Price Earnings Year 67 +1.19%, Year 66 -30.58%, Price 18 Jan. 24 8.50 baht, high/low price. 52-week period 13.10 / 7.10 Baht, P/E value 4.82 times, Origin Property Public Company Limited has the largest share of 70.33% and a grandfather, Mr. Sompong Songateedamrongul, holding. Number 6 has a dividend policy of 1.01% per annum. at a gross ratio of not less than 40% of net profit as per financial statements.
Executives are optimistic that sales in the 4th quarter of 2023 will grow more than in the 3rd quarter of 2023, gradually recognizing about 1,680 million baht in backlog revenue, almost all of which will be recognized this year. Looking at the trend to 2024, the economy will recover. To support purchasing power, the company expects to launch at least 20 new projects by or near 2023. Currently, land is available to support development. The total value is nearly 30,000 million baht
5.SAMCO SAMMAKORN PUBLIC COMPANY LIMITED Dividend YTD Year 67 8.26%, Year 66 8.55%, Year 65 is 2.82%, YTD Price Return Year 67 3.42%, Year 66 -17.61%, Price 18 Jan 2024 1.21 baht, High last 52 weeks Price 1.79 / 1.14 baht, With a P/E value of 7.40 times, RPCG Public Company Limited has the largest share of 48.25%. The dividend policy is approximately 60% of the net profit of the separate financial statements. Various deduction balances
SAMCO, which has been developing quality real estate projects for 53 years, has delivered 2 quality projects that won 5 Winner Awards at the PropertyGuru Thailand Property Awards 2023 stage. Truly understands and responds to every living need
6.SIRI Chansiri Public Company Limited Dividend YTD Year 67 7.96%, Year 66 7.87%, Year 65 3.40%, YTD Price Earnings Year 67 -1.12%, Year 66 +0.57%, Price 18 Jan 2024 1.75 Baht/ 52 Week Low 2.10 / 1.49 Baht, P/ E value is 4.41 times parent company NVDR. Maximum holding limit 10.43% Dividend policy is approximately 50% of net profit after deducting miscellaneous reserves (from consolidated financial statements).
Broker says that SIRI is an interesting stock in real estate sector that offers good dividends. The dividend for 2023 is expected to be 0.19 baht per share, a yield of up to 10% and the dividend yield in 2024 is still maintained at 0.19 baht per share. 9% from consistently high profits. In addition, profit estimates in 2023 will grow by 6 billion baht more than expected, or 41% from 2022.
7.Lalin Lalin Properties Public Company Limited Dividend YTD Year 67 is 7.95%, Year 66 is 8.00%, Year 65 is 6.92%, YTD Price Earnings Year 67 -0.62 %, Year 66 -12.09%, Price on 18 Jan 2024 is 7.95 baht/high. 52-week low of 9.50 / 7.85 baht, P/E value of 7.95 times, Mr. Thaweesak Watcharakavong holds the largest share of 28.30%. Dividend policy at the rate of not less than 30% of net profit (additional conditions apply)
Executives look at real estate marketing trends in 2024. Real demand is strong in the market. They are constantly developing strategies to reach each consumer group. The company is targeting sales of 8,600 million baht and a turnover of 6,850 million baht in 2023, growth from the same period last year. Currently, the company is waiting to convert approximately 1,200 million baht in sales (backlog).
8.PSH Pruksa Holding Public Company Limited Dividend YTD Year 67 7.87%, Year 66 7.93%, Year 65 is 7.27%, YTD Price Yield Year 67 +0.83%, Year 66 -8.33%, Price 18 Jan 2024 12.20 Baht/H. 52-week low of 14.00 / 11.90 baht, P/E value of 8.21 times, Mr. Thongma Vijitbongban holds the largest share of 60.23%. The dividend policy is not less than 50% from the net profit of the Group's operating results. PSH Company (From Consolidated Financial Statements)
The latest move comes hand in hand with KPN Senior Hospital Group, a leader in healthcare for the elderly by expert doctors. He invested 325 million baht to buy common shares and invest in convertible bonds. Including holding shares at the rate of 35% of the total number of shares for expansion of a hospital for the elderly for long-term rehabilitation. and 6 new physical therapy spaces, totaling 600 beds.
9.LH Land and House Public Company Limited Dividend YTD Year 67 7.84%, Year 66 is 7.36%, Year 65 is 5.05%, YTD Price Return Year 67 -6.13%, Year 66 -17.68%, Price 18 Jan 2024 High 7.70 Baht. /Last 52 weeks low 10.00 / 7.20 baht, P/E value 15.28 times, Mr. Anand owns the largest amount of Asavabhok. 23.93% Dividend Policy provides dividend to shareholders from net profit every year. In paying dividends, various factors have to be taken into account. Let's consider the combination. (with additional conditions)
Management said that LH has 3 sources of income: 1. Real estate 2. Renting hotels and supermarkets. 3. Medium and long term return investments are suitable. We try to manage our portfolio to generate good returns for investors and shareholders. The company is preparing to launch 11 new projects worth a total of 30,200 million baht for this year's operating plan, all of which are single-detached house projects and 1 project with both single-detached houses and townhomes in the same project.
10. PEACE PEACE AND LIVING PUBLIC COMPANY LIMITED Dividend YTD Year 67 7.76%, Year 66 7.76%, Year 65 – 3.21%, YTD Price Earnings Year 67 -1.86%, Year 66 -38.08%, Price 18 Jan 2024 3.16 Baht/, Last 52 Week Low 5.40 / At 3.12 baht, P/E value of 8.07 times, Ms. Beeracha Sirisopana holds the largest share of 12.86% and a grandfather, Mr. Sompong Songateedamrongul, ranks 9th. 2.80% hold. Principle of not less than 40% of net profit of separate financial statements after deducting corporate income tax. Legal reserve and other reserves every year
At the end of 2023, the company launched a new project called “Cher Ratchapruek – Rama 5”, a 2-story townhome project in Rama 5 – Nakhon area, with a project value of 550 million baht, with an overall view of the horizontal project market. There is one more direction. Good This is because Thailand's inflation is lower than estimated.
It is worth noting that most of the 10 real estate stocks mentioned above will have negative price returns in 2023, while YTD prices in 2024 will start turning positive for many bonds, and there may be many favorable factors to support them in the near future. , causing the price to increase further.
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