Stocks in Focus on January 7, 2022: PTG and BCPG

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on January 7, 2022.

 

Asia Wealth Securities (AWS) has given a “BUY” recommendation on PTG Energy Public Company Limited (SET: PTG) with a target price at ฿20.20/share.

AWS stated that the share price of PTG has outperformed other stocks in the same category due to it being laggard while seeing that the current price at Bt15 is inexpensive as the decline earlier has reflected its downside risks. AWS expected 4Q21 results should be stable compared to 3Q21. Moreover, the no lockdown measure should be positive for its 2022 performance to recover.

 

Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Eastern Polymer Group Public Company Limited (SET: EPG) with a target price at ฿15.00/share.

MST expected 3Q21/22 earnings to improve to THB443m (+8%QoQ, +3%YoY) after Covid-19 eases and ship shortages improve. 2021-22 outlook will grow and set a new record driven by growth in all three businesses, AeroFlex, AeroKlas and EPP. EPG has a dividend yield of 3.7% pa.