Stocks in Focus on March 15, 2022: IP and JWD

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on March 15, 2022.

 

Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Inter Pharma Public Company Limited (mai: IP) with a new target price at ฿25.00/share, raised from ฿22.00/share

FSS raised its 2022-2024E profit by 40% on average to reflect IP’s financial targets, particularly its aggressive LAB Pharmacy expansion of 20 branches in 2022 and 30 in 2023-2024.

As a result, FSS expected the 2022 profit to jump by 77% Y-Y due to a full-year consolidation of the two new factories and LAB Pharmacy. In 2023, the earnings would continue growing by 33% Y-Y.

 

Finansia Syrus Securities (FSS) has given a “BUY” recommendation on JWD Infologistics Public Company Limited (SET: JWD) with a target price at ฿23.00/share,

The board has approved a cash dividend of Bt0.25 per share (1.5% yield, XD on May 10). Although it implies a payout ratio of 45%, down from 70-84% in the past three years, investor concern should rest that it does not have a capital hike or general mandate issue. It implies sufficient cash flows for its operation and M&A.