Stocks in Focus on August 10, 2022: AMATA and WICE

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on August 10, 2022.


Krungsri Securities (KSS) has given a “BUY” recommendation on Amata Corporation Public Company Limited (SET: AMATA) with a target price at ฿24.50/share.

KSS stated that there is a positive sentiment after AMATA’s subsidiaries, AMATAV, announced soaring earnings in 2Q22 due to its land sales, especially an increase in margin to 41.5% from 25%, which is an upside for other industrial estates of AMATA in Vietnam.


Maybank Securities (Thailand) has given a “BUY” recommendation on Wice Logistics Public Company Limited (SET: WICE) with a target price at ฿22.10/share.

2Q22 earnings were THB170m (+8.1%QoQ, +53%YoY), 18% higher than our expectation from SG&A and higher-than-expected profit margin. With the current valuation that trades at only 14x Forward PE, lower than peers that traded around 22x, makes it more attractive.