Stocks in Focus on February 1, 2022: LEO and JMT

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on February 1, 2022.

 

Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Leo Global Logistics Public Company Limited (mai: LEO) with a target price at ฿17.00/share.

FSS expected LEO’s 4Q21 earnings to reach a record-high with a 25% growth QoQ and 33% YoY from rising freight rate and higher volume, which will result in an estimate of 222% net profit growth for 2021.

The company projected 20-25% revenue growth in 2022, excluding the investment in WA. FSS expected the freight rate to remain high throughout the year, supported by continuous growth in exports volume. In addition, FSS revised up the target price by 12% to Bt17.00 per share.

 

Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on JMT Network Services Public Company Limited (SET: JMT) with a target price at ฿80.00/share.

MST expected JMT to report a 44% QoQ and 53% YoY growth for its 4Q21 earnings at 505 million baht, mainly due to debt collection in a positive position with a potential profit growth in 2022 by more than 65% (EPS +35%). The joint venture with commercial banks is an upside for the company.