Kaohoon Online has selected stocks with a high-growth potential for investors to consider on November 11, 2022.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Minor International Public Company Limited (SET: MINT) with a target price at ฿40.00/share.
MINT. The 3Q22 normalized earnings (+66% Q-Q, +185% Y-Y) beat the market forecast by 52%, led by strong non-NHH recovery. In 3Q22, RevPar already exceeded its pre-covid level by 25%. Also, food posted an SSSG of +17% Y-Y, led by Thailand. In 4Q22, the profit should sharply recover Y-Y.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Jay Mart Public Company Limited (SET: JMART) with a target price at ฿75.00/share.
MST stated that the company reported 563 million baht of net profit in 3Q22 (+44%QoQ, +108%YoY), representing a strong growth from solid performance of its subsidiaries (JMT and SINGER) as well as the investment in BRR. MST expected the 4Q22 outlook to remain strong QoQ and YoY.
