Kaohoon Online has selected stocks with a high-growth potential for investors to consider on December 28, 2023.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on COM7 Public Company Limited (SET: COM7) with a target price at ฿32.50/share.
MST expected EPS growth of 14% and 20% in 2024-25E, driven by ongoing market share gains (Management’s target is 35% by 2025E). COM7 is also anticipated to be a significant beneficiary of Easy E-Receipt measures.
The current stock price trades at a Forward PER24E of 15.8x, which is lower than the historical average by more than -1SD. This is notable, considering the company’s strong profit growth and high ROE of 37%. Additionally, there is an opportunity for COM7 to receive support from Window Dressing today.
Krungsri Securities (KSS) has given a “BUY” recommendation on WHA Corporation Public Company Limited (SET: WHA) with an IAA consensus target price at ฿5.95/share.
KSS expected WHA’s land sales to hit new high in 2023 at 2,700 rai and again in 2024 at 3,000 rai, given rising demand from the EV industry. There is also upside from U.S. ventures (Google and Microsoft investing in data centers, Tesla in EV).
