Stocks in Focus on February 1, 2023: BDMS and PSL

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on February 1, 2023.

 

Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Bangkok Dusit Medical Services Public Company Limited (SET: BDMS) with a target price at ฿34.00/share.

FSS expected -12% QoQ in 4Q22 earnings due to seasonality, but +13% YoY from higher local and international patients, which would boost its revenue to grow -1% QoQ and +9% YoY. local patients are expected to rise 4% above pre-pandemic level and international patients should meet 2019 level.

FSS expected 2022 earnings to grow 61% and continue to expand 4% in 2023, supported by local and international patients, especially after the reopening in China. FSS also expected BDMS to return to work with Ping An again.

 

Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Precious Shipping Public Company Limited (SET: PSL) with a target price at ฿18.50/share.

Rising China’s producer PMI indicated positive economic trends, while PSL’s earnings in 4Q22 could be pressured by falling BDI by 8%. Still, MST saw a short recovery of the index in the previous 15 days, which could be an opportunity for a speculating buy.