Kaohoon Online has selected stocks with a high-growth potential for investors to consider on January 5, 2022.
JMART Group will hold an online session on January 5, 2022, to announce its business direction and projection in 2022.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Jay Mart Public Company Limited (SET: JMART) with a target price at ฿60.00/share.
MST expected JMART’s 4Q21 earnings to grow both QoQ and YoY, driven by strong earnings from subsidiaries (JMT, SINGER, J) while FY22 earnings will continue to show remarkable progress thanks to the government’s economic stimulus measures at the beginning of the year. In the meantime, the subsidiary companies are still growing well, including more synergy with partners.
Sabuy Technology Public Company Limited (SET: SABUY) expected to close 10 deals this year with the first one as early as January for the logistics business. Meanwhile, the counter service through the ATM at 7-Eleven will commence in February. The company estimated revenue in 2022 to grow 75% from the previous forecast of 50%.
Bualuang Securities (BLS) has given a “BUY” recommendation on SABUY with an upgraded target price from ฿23 to ฿35.00 per share.
BLS estimated SABUY’s net profit in 2022 to grow 200% to 606 million baht from the previous anticipation of 30% growth. The revision reflected the return from SABUY-Maxi and higher income from the transportation business with 89% CAGR 2021-2023, saying that SABUY has transformed into a Unicorn and advised investors to monitor its transformation to Decacorn in the future.
