Kaohoon Online has selected stocks with a high-growth potential for investors to consider on August 29, 2022.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on SC Asset Corporation Public Company Limited (SET: SC) with a target price at ฿4.60/share.
FSS expected SC’s profit to remain healthy in 2H22. It should grow Q-Q and Y-Y every quarter due to solid low-rise revenue realization and the transfers of three new condo projects in 4Q22.
FSS expected the 2022 profit to jump by 15% Y-Y and continue hitting a new high. Also, the securities company maintained its bullish view of SC due to its mid-to- high-end customer base. It has strong purchasing power and sees limited impacts from inflation and rising interest rates.
SC has support at Bt3.44-3.42 and resistance at Bt3.60//3.70.
Krungsri Securities (KSS) has given a “BUY” recommendation on Asian Sea Corporation Public Company Limited (SET: ASIAN) with a target price at ฿23.00/share.
KSS stated that ASIAN should benefit from weakening Baht amid peak season for the export sector, which should support its 3Q22 earnings to continue growing. The company is also expecting to list its subsidiary in the pet food business for IPO.
