Stocks in Focus on May 30, 2022: SAWAD and BE8

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on May 30, 2022.

 

Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Srisawad Corporation Public Company Limited (SET: SAWAD) with a target price at ฿72.00/share.

MST stated that earnings outlook for SAWAD should strongly recover in line with its guidance targeting a loan growth of 20-30%this year, coupled with business restructuring in its SAWAD Group (SCAP & BFIT), this should help boost SAWAD’s earnings to grow higher while valuation remains cheap.

 

Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Beryl 8 Plus Public Company Limited (mai: BE8) with a target price at ฿55.00/share.

MST expected BE8 earnings to continue growing exponentially in 2022- 24, not less than 50% pa at an average, in line with the megatrend of the Digital Transformation business. Coupled with a plan to invest in a tech company X10 Co Ltd, specialized in Integration Solution & IT Outsource, including synergy within BE8 itself.