Kaohoon Online has selected stocks with a high-growth potential for investors to consider on February 17, 2023.
KGI Securities (KGI) has given an “Outperform” rating on Central Pattana Public Company Limited (SET: CPN) with a target price at ฿83.00/share.
KGI expected CPN to report another strong performance in 4Q22F with an estimated net profit of Bt2.79bn (+54.0% YoY, -2.6% QoQ), while its core profit is expected to be Bt2.95bn (+74.0% YoY, +7.7% QoQ). This is higher than previously estimated so KGI raised its net profit forecasts to Bt10.75bn for 2022F, Bt13.11bn for 2023F, and Bt14.69bn for 2024F. KGI maintained a rating of Outperform with the target price rolled over to mid-2024 at Bt83.00 (DCF: WACC 7.8%, TG 4%), from Bt75.00 (based on 2023).
Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Eastern Polymer Group Public Company Limited (SET: EPG) with a target price at ฿10.50/share.
MST expected the overall performance to continue into January to March this year, supported by insulation that has higher margin in the U.S. as well as its car accessories and plastic packaging that received new orders from Amazon.