Stocks in Focus on February 15, 2022: BTS and SISB

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on February 15, 2022.

 

KGI Securities has given an “Outperform” rating on BTS Group Holdings Public Company Limited (SET: BTS) with a target price at THB12.60 per share.

BTS reported a 3Q22 net profit of 1.05 billion baht (-37.5% YoY, +83.0% QoQ). Normalized profit was 941 million baht (-33.6% YoY, +238.0% QoQ). The company’s 3Q22 earnings reflected a stronger performance QoQ after passing the worst in 2Q22. For 3Q22, revenues from the MOVE, MIX and MATCH businesses accounted for 79%, 19% and 2% of total operating revenue, respectively. Its 9M22 core profit accounted for 88% of its full-year forecast.

 

Finansia Syrus Securities (FSS) has given a “BUY” recommendation on SISB Public Company Limited (SET: SISB) with a target price at THB12.20 per share.

FSS expected outstanding performance in 2022 from SISB after the reopening for on-site class. The attendance of small children is almost at normal level, while tuition fees will return to normal in 1Q22, leading to a recovering outlook to a net profit of 60-70 million baht, compared to 20-22 million baht in 4Q21.

FSS expected SISB to return to growth stage with a 5-year CAGR of 27% (2022-26) from campus expansion every year. The new phase of Thonburi campus, a new campus in Nonthaburi and Halve Project in Rayong are seen as the beginning of urbanization