Kaohoon Online has selected stocks with a high-growth potential for investors to consider on March 2, 2023.
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 2023 earnings will grow 15-20% from the volume of China-US that will begin to show clear signs of recovery. Recently, the Chinese manufacturing PMI accelerated to 56.3 points, increasing positive psychology. Profit margin is expected to increase. Combined with ETL spin off preparations in 3Q23, the share is currently trading at only 10.7x PE.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Krung Thai Bank Public Company Limited (SET: KTB) with a target price at ฿19.00/share.
MST stated that KTB’s 2023 outlook continues to rise from expanding the credit portfolio, especially government project loans. Combining new developments on digital platform channels, together with an outstanding dividend yield of 3.9% (THB0.682 per share, XD on April 18), making it more attractive for accumulation.
