Stocks in Focus on May 26, 2022: BH and NER

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on May 26, 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 expected earnings this year to rise significantly to a level of THB2.9 billion, in response to the acceleration of foreign patients which is expected to account for more than 60% of total revenue this year. And there is a chance the proportion will increase to 67% in 2023. It also has cooperation with 10 partner hospitals to create more long-term profits.

 

Finansia Syrus Securities (FSS) has given a “BUY” recommendation on North East Rubber Public Company Limited (SET: NER) with a target price at ฿9.00/share.

FSS saw profit momentum accelerate in 2Q both QoQ and YoY from higher orders and selling prices. The company also recently acquired new big customers in India and Thailand, which could result in higher orders in 2H22. 

The company currently has orders fully booked up to September 2022, which could reach its sales target of 500,000 tons (+11% YoY). 

FSS estimated NER’s net profit this year to increase 6% with a strong point on 6x PER and around 7% dividend yield.