Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 19, 2023.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Starflex Public Company Limited (SET: SFLEX) with a target price at ฿5.50/share.
FSS expected SFLEX’s earnings to outperform at 185 million baht (+239%) in 2023 and at 229 million baht (+24%) in 2024, boosted by rising gross margin in line with commodity prices. The company would also benefit from the profit sharing of Star Print Vietnam(SPV) that the analyst believed shareholders would approve the transaction in today’s meeting for a share purchasing of 25%. The completion should be in August and this could add up to SFLEX’s earnings of around 10 million baht this year and 34-36 million baht in the next two years.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Interlink Telecom Public Company Limited (SET: SFLEX) with a target price at ฿4.50/share.
FSS stated that ITEL won the auction of the contract of preventive maintenance of fiber optic network with a total value of 124.6 million baht for three years. This would top up its backlog to 3,280 million baht. 50% of the total backlog should be recognized by this year and another 33% in 2024. FSS expected ITEL to report 2023 revenue at 3.6 billion baht (+6%) and 46% of its revenue forecast has been secured. Meanwhile, 2Q23 earnings are expected to be flat QoQ.
