Kaohoon Online has selected stocks with a high-growth potential for investors to consider on August 19, 2022.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Wice Logistics Public Company Limited (SET: WICE) with a target price at ฿22.10/share.
MST expected better performance in 3Q22 following positive volume of sea and air shipments. Gross profit margin has positive momentum to continue increasing, while the current valuation is trading at PE 12x, which is lower than peers and historic average of 22x.
Asia Plus Securities (APS) has given a “BUY” recommendation on Bangkok Expressway and Metro Public Company Limited (SET: BEM) with a target price at ฿10.30/share.
APS expected BEM’s revenue to recover by maintaining positive momentum on traffic following the economic reopening and more tourist arrivals. The company might have further upside by THB1.70 per share if it wins the nid for Rapid Rail System Orange Line Project.
