Stocks in Focus on July 26, 2022: CPN and AEONTS

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 26, 2022.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Central Pattana Public Company Limited (SET: CPN) with a target price at ฿82.00/share.

FSS expected the 2Q22 operating performance recovery for CPN to extend due to the reopening. It supported the store traffic to increase to 84% of its pre-covid period. Also, rental discounts continued to decrease.

FSS expected the profit to jump by 202% Y-Y in 2022 and 33% Y-Y in 2023 due to new store launches and its acquisition of shopping malls from SF. Its long-term growth will see support from its five-year Bt120bn investment plan, including shopping malls, residential projects, office buildings, and hotels.

CPN has support at Bt61.50-61 and resistance at Bt63-64


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Aeon Thana Sinsap (Thailand) Public Company Limited (SET: AEONTS) with a target price at ฿240.00/share.

MST expected AEONTS’ 2H22 earnings to grow well as economic activities continue to move forward, encouraging more card spending. Expected credit losses (ECL) are likely to decline due to a large write-off of bad debts in the past while the valuation is at an accumulated level.