Kaohoon Online has selected stocks with a high-growth potential for investors to consider on March 15, 2024.
Krungsri Securities (KSS) has given a “BUY” recommendation on Intouch Holdings Public Company Limited (SET: INTUCH) with a target price at ฿98.00/share.
KSS stated that INTUCH’s strategy in FT24 is to be actively involved in ADVANC to improve profitability, suggesting earnings would continue to improve. Divesting its VC stakes will not hurt earnings but would instead boost cash flow (Bt649 million, Bt0.2/share) for INTUCH. KSS maintained 10.5% EPS growth and 5% yield for FY24F.
Krungsri Securities (KSS) has given a “BUY” recommendation on Star Petroleum Refining Public Company Limited (SET: SPRC) with a target price at ฿10.40/share.
KSS stated that financial results have bottomed out and should start to record net profit from the first quarter onward, boosted by its crude run rate that increased from 88% in 4Q23 to 95%. Meanwhile, the business should benefit from a positive sentiment of lower supply in the market after the Ukrainian drone attack on Russian refinery.
