Stocks in Focus on May 19, 2022: BEM and ADVANC

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on May 19, 2022.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Bangkok Expressway and Metro Public Company Limited (SET: BEM) with a target price at ฿11.62/share.

MST stated that the traffic from expressway and metro in April gradually recovered from school reopening and returning to the office for office workers as well as an increase in international tourists, which will give a boost to BEM. Meanwhile, the company will pay a dividend payment in 2Q22. The potential of the Orange Line project could also lift its upside.


Pi Securities (PI) has given a “BUY” recommendation on Advanced Info Service Public Company Limited (SET: ADVANC) with a target price at ฿259.00/share.

PI maintained ADVANC’s 2022 net profit at 29 billion baht, representing an increase by 9%, seeing a rise in ARPU, 5G services and a recovery in tourism will revive consumer demand, which could boost ARPU and its growth in 2H22.