Kaohoon Online has selected stocks with a high-growth potential for investors to consider on March 14, 2022.
Asia Wealth Securities (AWS) has given a “BUY” recommendation on Bangkok Chain Hospital Public Company Limited (SET: BCH) with a target price at ฿25.00/share.
AWS expected BCH’s 1Q22 earnings to grow YoY from a higher number of infections. Plan to declare COVID-19 pandemic to endemic disease, making more cash patients. 4Q21 net profit grew 791%YoY but decreased 14%QoQ. Moreover, the company announced a 2H21 dividend at the rate of Bt1 per share, post XD on 10 May.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Srinanaporn Marketing Public Company Limited (SET: SNNP) with a target price at ฿18.80/share.
MST stated that SNNP’s 1Q22 earnings should continue growing strong both QoQand YoY in line with recovering consumption. Likewise, profit margins are likely to improve from new product launches with high-margin. In addition, the company manages costs well despite the rising cost of energy and raw materials. There is also room to grow in the Indonesian market after starting to export JeleBeauty that received good feedback.
