Kaohoon Online has selected stocks with a high-growth potential for investors to consider on December 13, 2022.
Finansia Syrus Securities (FSS) has given a “BUY” recommendation on J.R.W. Utility Public Company Limited (SET: JR) with a target price at ฿7.60/share.
FSS expected a catalyst from the prospect to sign new contracts for phase 2 of the project to bring power cables along the Pink Line underground after STEC announced it had signed Bt4.4bn contracts last week. They continue from phase 1, which JR is operating.
If JR gets the anticipated contracts, they will support its backlog to increase from Bt3.4bn at the end of 3Q22 to Bt7.4bn and support its growth until 2026-2027. Also, JR has a positive factor waiting for next year from the project to bring power cables along the Yellow Line underground. It would drive its backlog to above Bt10bn in the future. JR has support at Bt7.1-7 and resistance at Bt7.5-7.65//7.8.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Hana Microelectronics Public Company Limited (SET: HANA) with a target price at ฿60.00/share.
MST expected HANA’s 4Q22 profit to increase YoY following a better condition of chip shortage and demand in the auto industry. However, profits could slow down on a QoQ basis after its peak season for exports. The share price has priced in most negativity and now at an attractive value for investment.