Stocks in Focus on April 4, 2022: AOT and RBF

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on April 4, 2022.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Airports of Thailand Public Company Limited (SET: AOT) with a target price at ฿73.00/share.

MST stated that AOT will benefit from the border opening as international arrivals are expected to increase from 400,000 in 2021 to 9 million this year, which will reflect to AOT’s bottom line this year to record a net loss of 3,582 million baht, compared to a net loss of 15,319 million baht in 2021. MST expected AOT to fully recover by 2024 to near pre-Covid level in 2019.


Finansia Syrus Securities (FSS) has given a “Speculative-Buy” on R&B Food Supply Public Company Limited (SET: RBF) with a target price at ฿18.00/share.

FSS expected net profit to surge QoQ, while stabilizing or slightly increasing YoY as the company increases its selling price by 5-10% amid rising costs. The company has higher orders from customers after the Covid-19 situation eased while being one of the businesses to have high profit margin.

MST expected net profit to accelerate in 2Q22 due to its peak season, while its feedstocks will last until June. The company will also recognize earnings from its hemp products.

MST advised investors to monitor the development of RBF feed costs and its success of hemp business in 2H22, expecting net profit for the year to increase 83%.