Stocks in Focus on March 7, 2022: AP and BH

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on March 7, 2022.

 

DBS Vickers Securities (DBSVS) has given a “BUY” recommendation on AP (Thailand) Public Company Limited (SET: AP) with a target price at ฿11.80/share.

DBSVS recommended AP for Domestic Play as the business has limited impact from the tension between Russia and Ukraine. The securities company expects strong sales in 2022, while the net profit is expected to continue reaching an all-time high with 12% YoY growth. AP offers THB0.50 dividend payment for its 2021 operations, representing a 4.6% dividend yield. The yield for 2022 is expected at 5.1%.

 

Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Bumrungrad Hospital Public Company Limited (SET: BH) with a target price at ฿190.00/share.

FSS expected the momentum 1Q22 to continue to recover after the government brings back the Test & Go measure in February, resulting in gradual increase in foreign patients, while local patients are higher than the pre-Covid level.

FSS expects the recovery in revenue to result in positive EBITDA Margin, recovering to its pre-Covid level. The securities revised expectations of 2022-23 net profit up to 3,114% YoY and 54% YoY, respectively.