Stocks in Focus on June 22, 2022: GFPT and SMPC

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 22, 2022.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on GFPT Public Company Limited (SET: GFPT) with a target price at ฿20.90/share.

The 1Q22 earnings made up 38% of its FY2022 forecast, while the outlook remains positive from favourable broiler and by product prices, as well as robust export growth. MST then revised up the 2022E and 2023E earnings by 28% and 21%, respectively. The FY2022 profit is now expected to grow 761% YoY to THB1.54b.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Sahamitr Pressure Container Public Company Limited (SET: SMPC) with a target price at ฿19.00/share.

FSS expected 2Q22 earnings to grow more than 30% YoY from higher sales volume overseas and would also benefit from weak baht. However, earnings QoQ would drop due to less working days in the quarter.

FSS revised 2022 earnings growth to 30% from accelerating gross profit margin. Orders from sales remained strong, while the share price is trading at 8.7x PER and giving a dividend yield at 6.9%.