Stocks in Focus on April 12, 2023: BJC and BDMS

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on April 12, 2023.

 

Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Berli Jucker Public Company Limited (SET: BJC) with a target price at ฿44.25/share.

MST expected BJC’s net profit to increase 15% this year to 5.7 billion baht, driven by consumption, tourism and elections that will support BJC’s packaging business and the sales of consumer goods. Gross profit margin is expected to increase from lower energy and material costs.

 

KGI Securities (KGI) has given an “Outperform” rating on Bangkok Dusit Medical Services Public Company Limited (SET: BDMS) with a target price at ฿44.25/share.

KGI stated that it remained optimistic about BDMS’s earnings recovery after passing the COVID-19 pandemic, choosing it as the top pick. It expected the company to report a decent 1Q23F net profit of Bt3.25bn (-5.5% YoY, +4.5% QoQ), which would account for 23.3% of the full-year estimate by KGI. BDMS’s overall performance is expected to continue to show positive developments through the rest of 2023.