Kaohoon Online has selected stocks with a high-growth potential for investors to consider on January 5, 2023.
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on B.Grimm Power Public Company Limited (SET: BGRIM) with a target price at ฿44.00/share.
MST said that BGRIM’s earnings should recover in 4Q22 and accelerate in 2023 amid lower energy costs and an increase in Ft. MST noted that the company has a potential for more M&A, while the short-term catalyst comes from strong Thai baht.
Krungsri Securities (KSS) has given a “BUY” recommendation on Global Power Synergy Public Company Limited (SET: GPSC) with a target price at ฿81.75/share.
KSS stated that GPSC has positive sentiment from lower oil prices and gas along with an increase in Ft to 154.92 satang, which would increase its total electric fees by 13% from THB4.72 to THB5.34.