Stocks in Focus on December 16, 2022: SPA and PLANB

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on December 16, 2022.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Siam Wellness Group Public Company Limited (SET: SPA) with a target price at ฿15.00/share.

MST expected SPA will turnaround in 4Q22 in response to the recovery in tourism and its profit margin that is higher than pre-Covid level. MST believed the performance next year will remain outstanding with an upside risk from Chinese tourists that should return in 2H23. The company will also raise its service fees by an average of 10%, resulting in higher margin.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Plan B Media Public Company Limited (SET: PLANB) with a target price at ฿9.00/share.

FSS stated that it had a bullish view of the OOH media business. It should recover sharply due to the reopening and the resumption of normal life. It reflects in the continuous strong OOH business.

FSS anticipated an 11x Y-Y profit recovery in 2022 due to last year’s low base. Also, the earnings growth should extend by 35% Y-Y in 2023. FSS preferred OOH to traditional media. Also, PLANB is FSS’ top pick in this sector. PLANB has support at Bt7.5-7.4//7 and resistance at Bt7.7-7.8//8.