Stocks in Focus on June 27, 2022: JMT and SCGP

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 27, 2022.


Maybank Securities (Thailand) has given a “BUY” recommendation on JMT Network Services Public Company Limited (SET: JMT) with a target price at ฿103.00/share.

MST expected 2Q22 earnings to grow both QoQ and YoY, driven by favorable cash collection while the purchase of debt is expected to become normal. Combined with the additional upside from JV with commercial banks, it has positive psychology from the inclusion in the SET50 index.


Kasikorn Securities (KS) has given a “BUY” recommendation on SCG Packaging Public Company Limited (SET: SCGP) with a target price at ฿64.00/share.

KS stated that positive drivers are Thailand’s full reopening and easing lockdown in China which will increase demand for packaging products, resulting in higher paper selling price and positive 2H22 revenue.

Gradual decrease in energy prices, lower cost of waste paper and lower freight rate will also benefit SCGP.

KS added that the share price plunged into a lower territory while having an attractive valuation as 12M Forward PER edged lower to -1S.D. compared to an average.