Stocks in Focus on June 14, 2022: MAJOR and TFG

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 14, 2022.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Major Cineplex Group Public Company Limited (SET: MAJOR) with a target price at ฿25.50/share.

MST expected earnings in 2Q22 to increase following higher ticket selling volume from Jurassic World, Top Gun and Doctor Strange, coupled with more revenue from cinema snacks such as popcorn, beverage and advertising income. MST said that the momentum in 2H22 is positive, seeing a lineup of interesting movies coming.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Thaifoods Group Public Company Limited (SET: TFG) with a target price at ฿5.70/share.

FSS expected earnings outlook in 2Q22 to be positive QoQ and YoY, following a recovery in sales volume, especially chicken exports. Meanwhile, chicken and pork prices continued to increase, which would pretty much offset rising costs.

FSS estimated 2022 earnings at 2.2 billion baht, representing an increase by 300% YoY as meat prices in 3Q22 would maintain at a higher level. The share price currently trades at 13x PER, which is still laggard compared to GFPT that recently moved to 15x.