Stocks in Focus on July 18, 2022: HMPRO and JMT

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 18, 2022.


Phillip Securities Thailand (PST) has given a “BUY” recommendation on Home Product Center Public Company Limited (SET: HMPRO) with a target price at ฿17.00/share.

PST expected HMPRO’s performance to continue recovering in the second half of 2022 due to its low base in 3Q21. The newly opened six branches and its strategic plan to increase profit margin of Mega Home led to PST’s view to maintain its forecast and target price at THB17 per share, based on 36x P/E.


Maybank Securities (Thailand) (MST) 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 reach THB380-400 million, representing a growth in both QoQ and YoY, boosted by debt collection that maintains at a positive level. Meanwhile, bad debt purchase is also performing well. The company has an upside from its joint venture with KBANK that should be recognized in 4Q22.