Kaohoon Online has selected stocks with a high-growth potential for investors to consider on March 10, 2022.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Minor International Public Company Limited (SET: MINT) with a target price at ฿37.00/share.
MST projected a profit of 1.5 billion baht in FY22E, vs a loss of 1.2 billion baht in MST’s earlier assumption-driven by good growth in both the hotel and restaurant businesses. In line with management’s guidance, MST projected RevPar to grow 64% this year and same-store sales to grow strongly by 10% YoY this year (against earlier assumption of 2%). In addition, MST increased the target price for MINT by 12% to THB37 per share.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Eastern Polymer Group Public Company Limited (SET: EPG) with a target price at ฿15.00/share.
MST stated that this year’s trend is expected to continue to grow from 1) rubber insulation business driven by new production capacity in the U.S., 2) Auto parts business received new orders from newly launched Ford pickup trucks and new orders from two automakers in mid-2022 and 3) Packaging business reaps benefits from past investments.
