Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 12, 2022.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Airports of Thailand Public Company Limited (SET: AOT) with a target price at ฿80.00/share.
MST forecast 2023 earnings to turnaround to a profit of THB11.9 billion from an expected loss of around THB10.5 billion in 2022, driven by the recovery of the Thai tourism sector. Recently, international tourist arrivals recovered 34% from the normal level. We forecast the number of tourists to reach 1 million per month in July, a direct positive factor to AOT.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on CK Power Public Company Limited (SET: CKP) with a target price at ฿6.60/share.
FSS expected the profit to recover in 2Q22. Also, it may hit a new high in 3Q22, in line with higher water levels after it enters the rainy season.
The consensus expects the 2022-2023 profit to grow by 5% CAGR. Although it is unexciting, it will continue hitting a new high. Also, power should outperform the volatile market at this time.
CKP has support at Bt5.40//5.20 and resistance at Bt5.80//6.20.
