Kaohoon Online has selected stocks with a high-growth potential for investors to consider on March 21, 2022.
Capital Nomura Securities (CNS) has given a “BUY” recommendation on Eastern Polymer Group Public Company Limited (SET: EPG) with a target price at ฿17.00/share.
CNS stated that it has a slight positive outlook on the establishment of Aeroklas Europe BV as one of the strategies to expand its customer base in Europe, resulting in potentially higher sales volume of AKR and TJM products. CNS saw that this is to further its revenue growth in the long term.
The registration should be done within April, and CNS expected sales volume should be visible in 2023.
CNS expected EPG FY4Q22 normalized profit to increase year-on-year and quarter-on-quarter from a rise in total revenue and GPM. Its business is expected to expand to air duct insulation, while raising product prices. Its ARK and EPP products are expected to be stable.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on MK Restaurant Group Public Company Limited (SET: M) with a target price at ฿62.00/share.
FSS stated that 1Q22 net profit should increase QoQ to 400-450 million baht from positive SSSG, while rising feed costs will be offset by price adjustment, resulting in stable gross margin.
Overall outlook on its recovery remains strong as consumer activity returns to normal.
FSS expected 2022 net profit to increase to 2.2 billion baht, which would be a significant increase due to lower base from last year. Net profit should reach 2.5 billion baht next year, which is relatively close to pre-Covid level.
