Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 15, 2023.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Global Power Synergy Public Company Limited (SET: GPSC) with a target price at ฿62.00/share.
MST stated that lower gas costs will compensate for the impact from the reduction of Ft in May to August, which will boost GPSC’s 2Q23 earnings. Meanwhile, the long-term momentum is supported by the expansion of its alternative energy both domestically and internationally. Further investment and development of its battery business is the new s-curve.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Bangkok Bank Public Company Limited (SET: BBL) with a target price at ฿200.00/share.
MST expected BBL to report 10.1 billion baht of net profit in 2Q23, representing an increase of 46% YoY, which would be the biggest increase in the sector. Its loan portfolio is expected to continue increasing. The bank would benefit from the rate hike cycle to support its NIM. Additionally, credit cost should decline while having stong capital.
