Kaohoon Online has selected stocks with a high-growth potential for investors to consider on March 27, 2023.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Central Retail Corporation Public Company Limited (SET: CRC) with a target price at ฿50.00/share.
MST stated that CRC shows positive growth momentum in the first two months with an increase in SSSG of 11-14%, compared to only 9% in the final quarter of last year. The business in Italy and Thailand has strong growth, boosted by the recovery in tourism, consumer confidence and the support from the government’s stimulus package.
FSS International Investment Advisory (FSSIA) has given a “BUY” recommendation on SISB Public Company Limited (SET: SISB) with a target price at ฿30.00/share.
FSSIA increased ots DCF-based TP to THB30 (8.2% WACC, 3.5% LTG) from THB24. The new TP, which implies 46.6x 2023E P/E, should decline to 26.5x in 2026 when the capacity expansion is completed. As one of the best schools in the region, and one that is clearly still in a growth stage, SISB’s gross and net profit margins should keep rising to as high as 57.7% and 37.5%, respectively.
