Stocks in Focus on September 1, 2022: CENTEL and SABINA

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on September 1, 2022.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Central Plaza Hotel Public Company Limited (SET: CENTEL) with a target price at ฿49.00/share.

CENTEL should report a continued profit. It should accelerate in 3Q22 due to its hotel unit’s higher Occ Rate and ADR, led by the unit in Thailand after the full reopening. Also, its food business’ SSSG rate remained buoyant due to high dine-in and several holidays. The minimum wage hike should have limited impacts. Also, the selling price hike should offset it.

FSS still expected CENTEL to turn profitable in 2022, the first in three years. Besides, the profit should jump by 249% Y-Y in 2023 to exceed the earnings in 2019.

CENTEL has support at Bt42//40 and resistance at Bt44-45.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Sabina Public Company Limited (SET: SABINA) with a target price at ฿49.00/share.

MST expected CENTEL’s 3Q22 earnings to jump to a new high from rising sales momentum in July and August. Its gross profit margin has a potential to recover and the company is still able to perform well in cost control. The company also has high dividend yields of 4-5%.