Stocks in Focus on July 6, 2022: GFPT and BDMS

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 6, 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.

MST expected GFPT’s earnings to be outstanding for the rest of this year as poultry and chicken prices would remain at a higher level. Meanwhile, exports would continue growing solidly to support profit growth in this year for over 761%, reaching 1.54 billion baht. Gross profit margin is expected to reach 14.3%.

 

Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Bangkok Dusit Medical Service Public Company Limited (SET: BDMS) with a target price at ฿31.00/share.

FSS stated that BDMS is a safe haven that should outperform the market that is volatile at this time. FSS expected the 2Q22 profit to grow strongly Y-Y due to recovery in non-COVID and international patients.

The 2H22 growth outlook remains outstanding due to seasonality. Also, tourist arrivals soar significantly and will be even higher in 2023. FSSIA expected the profit to jump by 31% Y-Y in 2022 and 24% Y-Y in 2023.

BDMS has support at Bt25 and resistance at Bt27-27.50.