Stocks in Focus on February 15, 2023: PRM and ROJNA

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on February 15, 2023.

 

Kasikorn Securities (KS) has given a “BUY” recommendation on Prima Marine Public Company Limited (SET: PRM) with a target price at ฿10.00/share.

KS expected strong normalized profit from PRM in 4Q22 at 463 million baht, representing an increase by 2% QoQ and 197% YoY. The increase in QoQ could be due to the whole quarter of operation in VLCC vessel. Meanwhile, an increase in YoY could be due to rising revenue in all business segment.

 

Krungsri Securities (KSS) has given a “BUY” recommendation on Rojana Industrial Park Public Company Limited (SET: ROJNA) with a target price at ฿7.00/share.

KSS expected ROJNA to record a normalized profit of 109 million baht in 4Q22, an improvement from a loss of 422 million baht in 3Q22 due to the sales of land that accelerated in the quarter. Meanwhile, its power plant business would benefit from lower energy costs and higher sale price from Ft adjustment.