Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 13, 2022.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on CH. Karnchang Public Company Limited (SET: CK) with a target price at ฿24.00/share.
MST stated that the current backlog increased to THB65 billion, double growth vs early 2021. CK is likely to gain new projects which will help boost its backlog to turn to new S-Curve, totalling more than THB200 billion. They include Luang Phrabang power plant and the Orange Line. It will also benefit from share of profits from subsidiaries with strong growth such as BEM, CKP and TTW.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Praram 9 Hospital Public Company Limited (SET: PR9) with a target price at ฿16.50/share.
FSS expected strong earnings potential in 2Q22 YoY from solid revenue momentum. The management projected 15-20% revenue growth this year from recovering domestic and international patients, while the impact from rising inflation is limited as the price is still relatively low compared to the other hospitals in the same class. FSS expected 65% YoY earnings growth this year.
