Stocks in Focus on August 11, 2022: BH and BRI

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on August 11, 2022.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Bumrungrad Hospital Public Company Limited (SET: BH) with a target price at ฿200.00.

MST stated that BH’s 2Q22 earnings at 1.16 billion baht (+60% QoQ and +448% YoY) was better than the market’s anticipation due to a fast recovery in international patients. MST expected to rerate BH, seeing the momentum of increasing international patients to continue into the second half of this year.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Britania Public Company Limited (SET: BRI) with a target price at ฿14.20/share.

FSS expected the 2Q22 net profit to jump (+3% Q-Q, +133% Y-Y) to an all- time high. Excluding an extra gain from signing a new JV, the normalized earnings should surge (+32% Q-Q, +75% Y-Y), supported by higher transfers.


In 3Q22-4Q22, the quarterly earnings should climb Q-Q, in line with its new launches, which BRI plans mainly in 2H22. FSS maintained 2022E normalized earnings (+89% Y-Y). The stock currently trades on a PE of approximately 7x and offers a dividend yield of 6%.

BRI has support at Bt10.20-10 and resistance at Bt11.