Kaohoon Online has selected stocks with a high-growth potential for investors to consider on January 13, 2022.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Sino-Thai Engineering and Construction Public Company Limited (SET: STEC) with a target price at ฿17.00/share.
MST expected STEC’s 4Q21 normalized profit to recover to 185 million baht (+36% QoQ, -24% YoY) with a tendency to get more new jobs, supporting the current backlog to increase to over 100 billion baht. In 2022, MST expected STEC to record a jump in normalized profits at 1,038 million baht (+61%). Combining the current value that the cheap, MST expected the stock should be gradually accumulated.
Bualuang Securities (BLS) has given a “BUY” recommendation on Sabuy Technology Public Company Limited (SET: SABUY) with a target price at ฿42.00/share.
BLS cited SABUY’s management business plan that there are still more businesses not in BLS’ estimates such as convenient stores, EV chargers, digital assets, while the management expects revenue to grow 100%, higher from the previous estimate of 80%.
BLS expected the new investment of SABUY to support the bottom line at 800-1,000 million baht in 2022, which is higher than the previous estimate of 606 million baht. Also, net profit in 2023 is revised to 1,200-1,500 million baht from the previous estimate of 909 million baht.
The securities company stated that there is a possibility for SABUY to be listed in SET100 from its fundamentals and if the share price surges to Bt50 per share, SABUY could be listed in SET50.
