Kaohoon Online has selected stocks with a high-growth potential for investors to consider on March 2, 2022.
KGI Securities has given an “Outperform” rating on PTT Public Company Limited (SET: PTT) with a target price at ฿55.00/share.
KGI Securities stated that it has a neutral view on PTT’s 4Q21 analyst meeting. Although TotalEnergies announced to withdraw from the Yadana project in late-January 2022, TotalEnergies will continue its operatorship of the project for the six months after the announcement. PTT’s management guided it would be clearer who will take TotalEnergies’ stake and be the operator of the project in the next few months. Natural gas import from Myanmar accounts for approximately 15-16% of Thailand’s total gas supply, mostly from the Yadana project (around 11%). The Yadana field is also about 50% of total gas supply in Myanmar so it is important for the energy security of both Thailand and Myanmar.
KGI Securities reiterated a rating of Outperform on the counter with a 2022 target price of Bt55.00, based on SoTP methodology, seeing an interesting dividend yield of 5.9% in 2022.
Asia Wealth Securities (AWS) has given a “BUY” recommendation on Home Product Center Public Company Limited (SET: HMPRO) with a target price at ฿18.00/share.
AWS expected 2022 SSSG growth of 5-7%YoY target and expand 7 new stores. SSSG outlook in 1Q22 is positive, growing continuously. Benefit from government measures to stimulate spending in the Shop Dee Mee Kuen program. 4Q21 net profit increased 15% YoY and 104% QoQ. Announced dividend payment of Bt0.20 per share, post XD on 20 Apr and pay 6 May.
