Kaohoon Online has selected stocks with a high-growth potential for investors to consider on January 19, 2022.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Total Access Communication Public Company Limited (SET: DTAC) with a target price at ฿48.00/share.
MST stated that if a merger between DTAC and True Corporation Public Company Limited (SET: TRUE) actually happens, it will be an interesting synergy and become a positive factor to the ICT industry. For the 4Q21 earnings outlook, MST expected it to rebound strongly YoY due to low base, but decline QoQ. Meanwhile, the 2022 earnings outlook should grow 16%.
Asia Wealth Securities (AWS) has given a “BUY” recommendation on IRPC Public Company Limited (SET: IRPC) with a target price at ฿4.80/share.
AWS expected 4Q21 net profit to drop 7% QoQ from declining Market GIM, but full-year 2021 returns to net profit again. The petrochemical business will still put pressure on 2022 earnings from new production capacity, but the 2H21 dividend is still attractive. AWS expected IRPC to pay at least Bt0.12 (Div.Yld. 3.0%).
