Stocks in Focus on April 21, 2022: TTB and GFPT

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on April 21, 2022.


DBS Vickers Securities (DBSVS) has given a “BUY” recommendation on TMBThanachart Bank Public Company Limited (SET: TTB) with a target price at ฿1.77/share.

DBSVS stated that TTB’s 1Q22 earnings was better than the market expectations with a 14.8% growth YoY and 14.1% growth QoQ due to lower operating expenses and expected credit loss. Meanwhile, PPOP declined YoY, but increased QOQ. NPL dropped to 2.7% and CAR was at 19.34%, standing at Tier 1.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on GFPT Public Company Limited (SET: GFPT) with a target price at ฿16.00/share.

FSS expected GFPT’s 1Q22 earnings to recover 433% QoQ and 372% YoY due to the volume and higher poultry prices. Gross margin would increase to 12%, beating expectations. Meanwhile, GFN could return to profit with potential rising costs in 2Q22, but also rising exports volume along with adjusting selling price higher. Earnings are expected to continue on a positive trend as 2022 net income is estimated at 1.3 billion baht, compared to 209 million baht in 2021.