Kaohoon Online has selected stocks with a high-growth potential for investors to consider on May 3, 2022.
Kasikorn Securities (KS) has given a “BUY” recommendation on Britania Public Company Limited (SET: BRI) with a target price at ฿13.20/share.
KS stated that BRI projected 2022 sales to reach 11 billion baht, representing an increase by 31% YoY, while the transfer should reach 7.25 billion baht this year, representing an increase by 90%.
The investment in the JV would create extraordinary net profit for the company in the short term and would expand its business, which would result in more upside to the target price.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Airports of Thailand Public Company Limited (SET: AOT) with a target price at ฿73.00/share.
MST expected AOT to benefit from border reopening and forecast international tourist numbers to recover from 400,000 last year to 9 million this year. As a result, AOT will register a lesser loss of 3.582 billion baht in 2022 vs a loss of 15.319 billion baht in 2021. Earnings should fully recover in 2024 to hit 27.5 billion baht, close to that of 2019
