Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 30, 2022.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on The Siam Cement Public Company Limited (SET: SCC) with a target price at ฿462.50/share.
MST stated that stock prices of SCC in the past have been pressured by rising naphtha costs in line with world crude oil prices while the business trend is expected to recover. Combined with a plan to spin off its subsidiary (SCGC) to list in the market, this is another positive factor. It also has a high dividend payout rate of 4.8%, adding attractiveness for accumulating stocks.
Krungsri Securities (KSS) has given a “BUY” recommendation on Bangkok Dusit Medical Services Public Company Limited (SET: BDMS) with a target price at ฿31.00/share.
Following the tender for SVH, KSS stated that SVH contributed around 16-23% of BDMS’ profits in FY15-FY21 with a book value of around 10-13%. Moreover, BDMS also recorded 958 million – 1.3 billion of dividend payment from SVH in FY15-FY21. KSS believed that BDMS will have enough CAPEX totaling 7.7 billion baht for the tender offer, dividend payment and land rent. Meanwhile, net gearing will increase slightly to 0.05x from -0.03x.
