Kaohoon Online has selected stocks with a high-growth potential for investors to consider on February 10, 2022.
Krungsri Securities (KSS) has given a “BUY” recommendation on Precious Shipping Public Company Limited (SET: PSL) with a target price at ฿20.50/share.
KSS stated that PSL will receive a positive sentiment from a surge in Baltic Dry Index (BDI) that recently reached 1,711 points, increased 208 points or 13.84%. KSS expected the BDI will continue to rise, especially after the Winter Olympics from March onward.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Synex (Thailand) Public Company Limited (SYNEX) with a target price at ฿34.00/share.
FSS expected SYNEX to report a 4Q21 net profit of 242 million baht, representing an increase by 25% QoQ and 56.7% YoY from its peak season and a two-month earlier-than-expected arrival of Apple’s new products. Meanwhile, sales of computer’s parts and components are still growing.
The revenue in 4Q21 should be a record high at 10,854 million baht, increasing 22% QoQ and 24.9% YoY with a gross profit margin of 4.6%.
FSS revised up its 2021-22 net profit forecast by 2.3% and 1.9%, respectively, but re-rate target PE down to 28x, reflecting a slowdown on potential profit growth from high base and without positive factors to support unlike in 2020-21. Still, FSS revised up its target price on SYNEX from THB32 to THB34 per share.
