Kaohoon Online has selected stocks with a high-growth potential for investors to consider on April 7, 2022.
Tisco Securities has given a “BUY” recommendation on Bangkok Bank Public Company Limited (SET: BBL) with a target price at ฿173.00/share.
Tisco Securities expected BBL’s 1Q22 earnings to come in at 7.7 billion baht, representing an increase by 11% YoY and 22% QoQ from loan business domestically and internationally that boosts its interest income. Meanwhile, provision is expected to edge slightly lower QoQ, but remain high YoY. The policy rate hike trends and economic recovery would benefit the company, while trading at a cheap PER of 7.4x, PBV 0.5x with a dividend yield 4%.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Jay Mart Public Company Limited (SET: JMART) with a target price at ฿75.00/share.
MST expected 1Q22 earnings to stand high QoQ, +25-30%YoY, mainly driven by JMT & SINGER. KBJ-Mobile will return to its growth phase after restructuring. MST stated that JMART continues to expand its customer base and profitable rate. It also has the opportunity to be included in the SET50 index in the middle of the year, supporting the short-term share price.
