Kaohoon Online has selected stocks with a high-growth potential for investors to consider on March 8, 2022.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on SC Asset Corporation Public Company Limited (SET: SC) with a target price at ฿42.00/share.
MST stated that SC’s 2021 presale grew 31% YoY, the highest in the sector, thanks to strong sales in the hi-end market of low-rise properties. For 2022, growth should continue growing from new projects launch of almost 40 billion baht, representing a 3x growth, compared to 2021. SC also has a high dividend rate of about 5.2% per year (XD 29 April for THB0.2 per share).
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Osotspa Public Company Limited (SET: OSP) with a target price at ฿4.30/share.
FSS stated that OSP’s earnings should continue its recovering momentum in 1Q22 both in the domestic market and exports following the gradual improvement in the economy. The rise of costs has limited impact. The new M-150 whose retail prices were increased to Bt12 will be the key driver of its earnings this year. FSS believed that other players will follow to minimize their cost pressure. FSS expected OSP’s net profit to +12% CAGR in 2022-2023.
