Stocks in Focus on December 28, 2022: HMPRO and PRM

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on December 28, 2022.

 

Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Home Product Center Public Company Limited (SET: HMPRO) with a target price at ฿16.80/share.

MST expected HMPRO to reach a record high of net profit at 6,888 million baht (+8% YoY) in 2022, boosted by higher sales and profit margin. SSSG in 2023 is estimated at 4%, while the company will record revenue from its four new Mega Home that opened in 2022, pushing its total to 18 branches.

 

Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Prima Marine Public Company Limited (SET: PRM) with a target price at ฿7.90/share.

FSS expected strong performance for PRM, boosted by the reopening that should benefit domestic and international logistics. FSS expected net profit in 2022 to increase 55%, while 2023 outlook remains bright from its three new fleets with an estimate of 12% net profit growth. Moreover, the share price is currently trading at a considerably low level at PER 11.3x.