Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 1, 2022.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Minor International Public Company Limited (SET: MINT) with a target price at ฿42.0/share.
MST expected MINT’s 2Q22 earnings to recover as the hotel business in Europe enjoyed an occupancy rate of 63% in April and average room rates close to the pre-COVID-19 period. In Thailand, earnings will be boosted by government easing entry requirements that may drive occupancy and room rates to accelerate as well.
Kasikorn Securities (KS) has given a “BUY” recommendation on B.Grimm Power Public Company Limited (SET: BGRIM) with a target price at ฿61.50/share.
KS stated that the downtrend of crude oil, coal and natural gas will benefit BGRIM while adding that the poor performance should have bottomed out in 1Q22 and will see gradual recovery moving forward in 2Q-3Q22, supported by rising Ft.
