Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 13, 2023.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Advanced Info Service Public Company Limited (SET: ADVANC) with a target price at ฿240.00/share.
MST expected normalized profit in 2Q23 to increase QoQ and YoY from higher ARPU of its mobile segment, boosted by lower competition in the market and higher spending in consumption. SG&A to revenue is expected to decline to 15.2% from 17.1% last year and 16.6% in the previous quarter.
FSS International Investment Advisory (FSSIA) has given a “BUY” recommendation on Tisco Financial Group Public Company Limited (SET: FSSIA) with a target price at ฿111.00/share.
FSSIA stated that it maintain a “BUY” call on TISCO with a GGM-based TP of ฿111.00/share, which implies a P/BV of 2.02x. The firm liked TISCO for 1) its effective management of the impacts on its NIM by growing the high-yield loan segment; 2) its strategy of front-loading ECL during the Covid-19 pandemic; and 3) its attractive annual dividend yields projected at c8-9% during 2023-25.
