Kaohoon Online has selected stocks with a high-growth potential for investors to consider on January 11, 2023.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Ichitan Group Public Company Limited (SET: ICHI) with a target price at ฿14.00/share.
MST expected 4Q22 net profit to rise YoY and QoQ, driven by a recovery in consumption, new product releases which were very well received, boosting profits to increase further. Combined with better profitability from the reduced costs, we thus forecast that earnings will continue to grow prominently in 2023.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on GFPT Public Company Limited (SET: GFPT) with a target price at ฿18.30/share.
MST stated that a fresh wave of Japanese bird flu outbreak has resulted in a sharp drop in supply in the short term. This will be positive for the export volume to Japan and is expected to be a factor supporting domestic chicken prices that are likely to increase. Therefore, this is positive for GFPT, which has a high share of chicken exports to Japan.
