Kaohoon Online has selected stocks with a high-growth potential for investors to consider on August 8, 2023.
Maybank Securities (Thailand) has given a “BUY” recommendation on Advanced Info Service Public Company Limited (SET: ADVANC) with a target price at ฿240.00/share.
MST stated that ADVANC reported a normalized profit growth of 12% YoY and 7% QoQ in 2Q23 as expected, boosted by service revenue and a drop in SG&A. EBITDA margin was at 52.1%, increasing from 49.4% in 2Q22 and 48.5% in 1Q23. Lower competition resulted in a recovery of ARPU (+16% mobile, +1.8% FBB.)
Maybank Securities (Thailand) has given a “BUY” recommendation on Global Power Synergy Public Company Limited (SET: GPSC) with a target price at ฿62.00/share.
Profit outlook in 2Q23 is boosted by lower gas costs to offset the downward revision of Ft in May – August. The long-term outlook is boosted by its alternative energy both domestically and internationally, as well as its battery as a new s-surve.
