Kaohoon Online has selected stocks with a high-growth potential for investors to consider on May 10, 2022.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Bumrungrad Hospital Public Company Limited (SET: BH) with a target price at ฿185.00/share.
MST stated that BH should be the main beneficiary of the recovery in medical tourism which is likely to improve from the middle of this year onwards. This year’s profit is expected to grow significantly (+130%YoY) to a level of THB2.9b and continue to rise by +37%YoY to reach THB4b in 2023 (pre-Covid).
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Srinanaporn Marketing Public Company Limited (SET: BH) with a target price at ฿18.80/share.
MST expected 2Q22 earnings to continue increasing both QoQ and YoY, driven by improving domestic and international sales, coupled with rising profit margins. Plus, the factory in Vietnam should proceed as planned, starting commercial production in October, increasing production capacity and reducing costs even more.
