Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 7, 2023.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Asia Aviation Public Company Limited (SET: AAV) with a target price at ฿3.20/share.
MST expected 2Q23 profit momentum to expand QoQ and YoY, boosted by the tourism industry and resulting in rising numbers of passengers and flights. Meanwhile, the average load factor remains high at 90% in April to early May for its peak season with a momentum to remain high throughout the year. The Bank of Thailand revised tourist arrival up to 29 million for the year.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Bangkok Expressway and Metro Public Company Limited (SET: BEM) with a target price at ฿11.50/share.
FSS stated that the number of the mass rapid transit system and expressway edged higher in May and June, following a long holiday. The plummet in share price by THB2 or 20% from its previous high reflected uncertainty of the bidding for the Orange Line project under the new government that could shift some policy. However, its operating momentum continues to move in a positive direction.
