Stocks in Focus on January 18, 2023: SNNP and SC

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on January 18, 2023.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Srinanaporn Marketing Public Company Limited (SET: SNNP) with a target price at ฿27.50/share.

MST estimated SNNP’s 4Q22 normalized profit at 154 million baht, hitting a record high. Meanwhile, 2023-24 net profit is expected to grow 30% and 21%, respectively, from sales and profit margin that should be better than expected due to growth in domestic and overseas.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on SC Asset Corporation Public Company Limited (SET: SC) with a target price at ฿5.00/share.

FSS expected 4Q22 profit to increase 20% QoQ and 44% YoY, which would be SC’s best quarter due to two of its SCOPE projects and its JV with the Crest Park Residence. Its horizontal segment remains strong and that would support its 2022 net profit to grow 15%.

FSS expected the business to remain strong in 2023 with demand from mid and high class customers, coupled with a recovering economy and returning foreign customers. FSS estimated net profit in 2023 to increase 6% and 2H22 dividend yield at 3.5%.