Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 28, 2024
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Sappe Public Company Limited (SET: SAPPE) with a target price at ฿115.00/share.
FSS expected 2Q24 earnings at 396 million baht (+12.5% QoQ, +27% YoY) to a new high. Meanwhile, revenue is expected to grow 11% QoQ and 23% YoY to a record high as well at 2,000 million baht from regional and seasonal growth in Europe and the US.
FSS expected the outlook to continue on a positive side in 3Q24 and maintained its profit forecast this year at 1.4 billion baht (+32% YoY).
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on StarflexPublic Company Limited (SET: SFLEX) with a target price at ฿5.60/share.
FSS expected the company to report a normalized profit of 55 million baht in 2Q24 (-13% QoQ, +9% YoY). The decrease would be due to seasonal factors, but the profit above 50 million baht is viewed as a positive sign. The company would recognize profit sharing from its JV in Vietnam as well. Higher demand in Southeast Asia and China should boost its margin.
FSS expected 1H24 profit to be more than 50% of the forecast figures in 2024, which could lead to a rerate later.
