Stocks in Focus on July 27, 2022: JWD and ADVANC

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 JWD Infologistics Public Company Limited (SET: JWD) with a target price at ฿23.00/share.

FSS expected the 2Q22 normalized earnings to decrease by just 2% Q-Q. During the quarter, JWD should record an accounting gain of about Bt50-60mn from investment sales. Hence, FSS anticipated a new-high net profit of Bt165mn (+31% Q-Q, +43% Y-Y). If the earnings are in line, the 1H22 profit secures 49% of its full-year estimate. In 2H22, the performance should accelerate, in line with seasonality.

 

Krungsri Securities (KSS) has given a “BUY” recommendation on Advanced Info Services Public Company Limited (SET: ADVANC) with a target price at ฿253.00/share.

KSS expected ADVANC’s  earnings in 2Q22 at 6.6 billion baht, representing a flat growth YoY, but 5% growth QoQ. ADVANC currently has a positive factor from the ruling from the Central Administrative Court dismissing the Arbitral decision that sentenced ADVANC to pay a compensation of 31 billion baht, plus interest to NT.