Kaohoon Online has selected stocks with a high-growth potential for investors to consider on February 17, 2022.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Minor International Public Company Limited (SET: MINT) with a target price at THB37.00 per share.
MST expected MINT’s 4Q21 earnings to grow both QiQ and YoY from the reopening and entering the high season. MINT is expected to have the strongest occupancy rate mainly driven by European and Maldives hotels revenue. Combined with economic stimulus policies from the government, this is an additional positive catalyst.
Asia Wealth Securities (AWS) has given a “BUY” recommendation on Thai Oil Public Company Limited (SET: TOP) with a target price at THB66.00 per share.
AWS stated that the 4Q21 financial report was in line with expectation with a net profit of THB 5 billion, increasing 144%QoQ. Refining business still has a strong gross refining margin. While crude oil prices have increased, there is still a continuous stock gain. Overall, in 2021, the operating results turned back to profit again. Weak petrochemicals in 4Q21, but tend to recover gradually. AWS expected normalized profits in 1Q22 with continued growth. Moreover, the company announced 2H21 dividend payment at a rate of THB2, post XD on 3 Mar and pay 25 April.
