The share price of Osotspa Public Company Limited (SET: OSP) rose THB1.00/share or 2.74% to 37.50/share as of 11.50 hrs. local time in Thailand, with a trading value of THB615 million.
Krungsri Securities has selected OSP as recommended stock, expecting that OSP’s revenues and profit will continue to expand. The new M-150 product (doubled Vitamin B12 content and less sugar) selling at THB12 (instead of THB10) will improve GPM. In 2Q22, OSP plans to launch CBD functional drink. Recommend “BUY” with a target price of THB38.00 per share.
