Stocks in Focus on June 27, 2023: TTB and WHA

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 27, 2023.

 

Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on TMBThanachart Bank Public Company Limited (SET: TTB) with a target price at ฿1.70/share.

MST stated that TTB will benefit from the rate-hike cycle. NIM could exceed target at 3.1% this year. MST said that it was positive toward TTB’s strategic plan focusing on profitability in adjusting to loan portfolio for higher returns.

 

Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on WHA Corporation Public Company Limited (SET: WHA) with a target price at ฿5.00/share.

MST expected WHA’s revenue to continue growing this year, boosted by industrial estate that benefited from the relocation from China to Thailand. Support from BOI also boosted investment, especially EV businesses that should be the main focus in the future.