Kaohoon Online has selected stocks with a high-growth potential for investors to consider on March 28, 2022.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on J.R.W. Utility Public Company Limited (SET: JR) with a target price at ฿10.00/share.
FSS stated that JR has bottomed out in 4Q21 and will start growing in 1Q22 and accelerate in 2Q22 moving forward as operations will pick up after easing Covid pandemic. In the short-term outlook, FSS expected to see a collaboration with partners in the E-Bus charging business soon.
FSS expected JR’s backlog to surpass 10 billion baht from potential acquisition of projects, seeing 2022 net profit to grow 65%.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Central Plaza Hotel Public Company Limited (SET: CENTEL) with a target price at ฿44.00/share.
MST stated that it expects CENTEL’s 2022 core profit to recover to 738 million baht vs a loss of 1.6 billion baht in 2021, driven by the recovery of the global tourism sector, expecting to boost occupancy rate to 43% from 19% in 2021. Also, higher average room rates would boost RevPar to increase +125%YoY. Food business expects SSSG to grow +12%.
