Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 8, 2022.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Airports of Thailand Public Company Limited (SET: AOT) with a target price at ฿80.00/share.
MST forecast 2023 earnings to turnaround to a profit of THB11.9 billion from an expected loss of around THB10.5 billion in 2022, driven by the recovery of the Thai tourism sector. It is estimated that the number of foreign tourists this year will accelerate to 9 million and continue to grow to 22 million in 2023.
Pi Securities (Pi) has given a “BUY” recommendation on PTT Exploration and Production Public Company Limited (SET: PTTEP) with a target price at ฿179.00/share.
Pi stated that the overall outlook in 2Q22 is positive, expecting earnings to grow YoY and QoQ as the commercialization of G1/61 and G2/61 fields will contribute around 10% of PTTEP’s sales revenue. The rising oil price could stir the average selling price.
