Kaohoon Online has selected stocks with a high-growth potential for investors to consider on January 12, 2023.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Ngern Tid Lor Public Company Limited (SET: TIDLOR) with a target price at ฿32.00/share.
MST expected TIDLOR’s performance to outperform its peers with higher NPL coverage and a projection for net profit to grow 18% in 2023 from interest income and service fee that continued to grow. Moreover, MST expected rate hike trends globally will start to slow down, which would be a positive sentiment for the financial sector.
Phillip Capital Securities has given a “BUY” recommendation on SCG Packaging Public Company Limited (SET: SCGP) with a target price at ฿65.00/share.
Phillip Capital noted that even though 4Q22 performance would slow down QoQ, 1Q23 operations were expected to grow with lower pressure from material costs and demand that should recover.
