Kaohoon Online has selected stocks with a high-growth potential for investors to consider on November 7, 2022.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Prima Marine Public Company Limited (SET: PRM) with a target price at ฿9.00/share.
FSS expected the 3Q22 net profit to jump (+192% Q-Q, +36% Y-Y) due to a sizable gain of over Bt300mn from vessel sales. It would fully offset FX loss. Excluding extra items, the normalized earnings should surge by 35% Q-Q and 82% Y-Y. The core units continue to improve as all vessels run at full capacity.
Also, PRM prepares to receive new vessels while jet fuel demand is strong and crude costs decrease. In 4Q22, the outlook remains healthy. FSS anticipated the 2022 normalized earnings growth at +30% Y-Y. PRM has support at Bt6//5.6 and resistance at Bt6.5-6.6//6.85.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Chularat Hospital Public Company Limited (SET: CHG) with a target price at ฿4.70/share.
FSS expected the 3Q22 normalized earnings to drop (-50% Q-Q, -72% Y-Y) due to decreased covid-related revenue and last year’s high base. However, it should remain strong and higher than its pre-covid level by 65%. In 4Q22, the profit should accelerate Q-Q. Although it is not a high season, it would see support from an extra gain of about Bt100mn from higher-than- expected revenue for chronic diseases from SSO. Although FSS projected the profit will drop by 28% Y-Y in 2022 and 52% Y-Y in 2023, it will remain higher than in 2019 by 39%, supported by solid non-covid patient growth.