Stocks in Focus on January 25, 2022: RS and SAT

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on January 25, 2022.


Country Group Securities (CGS) has given a “BUY” recommendation on RS Public Company Limited (SET: RS) with a target price at ฿23.00/share.

CGS expected RS to record 5.1 billion baht of revenue this year, representing a 31% revenue growth from 2021. CGS noted that RS has growth potential in its product development and marketing area to support its media business.

4Q21 earnings should be the lowest of RS to record around 10 million baht of loss. Net profit is expected to recover in 2022 due to 1) lower SG&A compared to last year’s campaign for Camu-C, 2) full-year profit sharing from Chase, and 3) growth in Multi-Platform Commerce.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Somboon Advance Technology Public Company Limited (SET: SAT) with a target price at ฿25.50/share.

MST stated that the auto industry figures in December remained favourable after Covid-19 and lockdowns eased, borders reopened and the microchip shortage problem improved. This is positive to the automotive sector.

MST recommended accumulating SAT as its growth should expand 9% in 2022 while trading at 8.7x PE. This year dividend is forecast at 7.4% pa.