Stocks in Focus on July 5, 2022: SISB and ESSO

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 5, 2022.

 

Finansia Syrus Securities (FSS) has given a “BUY” recommendation on SISB Public Company Limited (SET: SISB) with a target price at ฿15.00/share.

FSS expected the profit to turn upward. It should accelerate QoQ and YoY in 2Q22 due to the resumption of classes, higher students, and increased tuition fees. They would support continued profit growth in 2H22. Also, it would see support from Chinese students after China closed international schools in the country.

FSS expected the 2022-2023 profit to grow by 37% p.a. on average. Its long-term growth is backed by its two new campuses in Nontaburi and Rayong. Generally, the profit would resume its growth stage again in 2022-2026.

SISB has support at Bt11.30 and resistance at Bt12//12.50.

 

Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Esso (Thailand) Public Company Limited (SET: ESSO) with a target price at ฿12.40/share.

MST expected ESSO’s 2Q22 earnings to improve QoQ and YoY from a significant acceleration in diesel and gasoline spread, compared to 1Q22 due to higher demand from reopening, recovering in China and no hedging loss. Meanwhile, its aromatic segment started to recover due to tighter supply from the hurricane.