Stocks in Focus on January 11, 2022: PR9 and TFG

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on January 11, 2022.

 

Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Praram 9 Hospital Public Company Limited (SET: PR9) with a target price at ฿15.00/share.

FSS expected PR9’s 4Q21 net profit to grow 18% YoY and 21% QoQ due to a recovery of revenue from non-Covid patients from the reopening, which could support its 2021 net profit to grow 15%. In the meantime, FSS estimated the company to maintain its positive momentum in 1Q22 from a higher number of patients related to omicron and the opening of temporary supporting areas. The securities expected PR9 to report 60% increase in net profit in 2022.

 

Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Thaifoods Group Public Company Limited (SET: TFG) with a target price at ฿6.00/share.

FSS expected 4Q21 performance will support the company’s bottomline to turn positive with a surge in swine and poultry prices in the quarter when compared to 3Q21. Meanwhile, its operation should consistently recover, and will recognize full benefit from swine price in 1Q22. FSS expected swine price to remain high throughout 2022 while estimated 2022 net profit to increase 305.8% to 2,277 million baht.