Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 6, 2022.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Bangchak Corporation Public Company Limited (SET: BCP) with a target price at ฿40.00/share.
FSS stated the earnings momentum in 2Q22 remains strong from rising refining margin QoQ to support refinery business. Meanwhile, the gas station business is expected to recover from the reopening with a boosted sales growth.
FSS estimated normalized profit in 2022 to grow 101% from a low base last year, while the current valuation remains cheap at 6.6x PER and 0.8x PBV, which is lower than pre-Covid level.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Central Pattana Public Company Limited (SET: CPN) with a target price at ฿70.00/share.
MST stated that CPN will receive a positive sentiment from the recovery in economic activity after Thailand has been fully opened, which will support CPN’s 2022 earnings by a fold and by 30% in 2023 from higher traffic and lower discount to concessionaires. MST expected CPN’s 5-year CAGR to grow 14-16%.
