Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 14, 2023.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on AP (Thailand) Public Company Limited (SET: AP) with a target price at ฿14.00/share.
MST expected an outstanding profit growth this year, boosted by the transfer of horizontal projects and condominiums. The company plans to launch new projects worth 77 billion baht, which could increase its backlog while also benefiting from a near-end rate hike cycle.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on R&B Food Supply Public Company Limited (SET: RBF) with a target price at ฿14.00/share.
MST expected 15-20% growth in 2023 from flavour, fragrance & color segment, while food coating segment should outperform in 2H23. Profit margin should rise to 40%. Factory expansion overseas also progressed as planned.
