Kaohoon Online has selected stocks with a high-growth potential for investors to consider on December 30, 2022.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Kasikornbank Public Company Limited (SET: KBANK) with a target price at ฿185.00/share.
MST expected 2023 net profit to grow 7.2% with an increase in NIM, which should offset its costs for FIDF that continue to increase. KBANK has an inexpensive valuation with PE 7.7x and PBV 0.64x, while handing out 3.8% dividend yield.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on SappePublic Company Limited (SET: SAPPE) with a target price at ฿60.00/share.
MST expected 4Q23 net profit to increase 141% to THB 129 million, boosted by the expansion of export sales in France, the Philippines and Korea. The company also planned to open a new factory in 2024 in Thailand and other countries in 2025 to meet strong demand in the market.