Stocks in Focus on February 25, 2022: KKP and WICE

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on February 25, 2022.

 

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

MST stated that the operating performance of KKP should rise, driven by strong loan growth, capital market-related earnings that benefited positively from high stock market trading volumes. That includes continuous good investment banking income. MST added that the bank may pay a dividend of over 7.5% per year.

 

Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Wice Logistics Public Company Limited (SET: WICE) with a target price at ฿22.10/share.

MST stated that WICE reported a new record profit as expected, a 7.4% higher than forecast, along with gross profit margin that already bottomed out. In addition, a reduction in dividend payout gives investors an indirect hint that the company will continue to invest to create long-term growth. MST maintained BUY, with a target price of THB22.10/share based on the sector’s average P/E of 25.0x.