Kaohoon Online has selected stocks with a high-growth potential for investors to consider on February 21, 2023.
Krungsri Securities (KSS) has given a “BUY” recommendation on AP (Thailand) Public Company Limited (SET: AP) with a target price at ฿14.30/share.
KSS expected AP to announce its 4Q22 earnings results today along with dividend payout. Primarily, KSS expected the company to record 1,216 million baht of net profit in 4Q22, representing an increase by 22% YoY and a dividend payout of THB0.65 per share, representing a dividend yield of 5.3%.
Kasikorn Securities (KS) has given a “BUY” recommendation on Sabina Public Company Limited (SET: SABINA) with a target price at ฿28.90share.
KS stated that SABINA’s 4Q22 rose 8.4% YoY and 6% QoQ to 106 million baht as expected, mainly due to business growth and higher gross profit margin (online and OEM). KS had a positive outlook on the acquisition of MODA SBN Inc at 77.33% of shareholding stake. Moreover, KS also had a positive outlook on domestic demand and higher marketing position. The executives noted that their OEM production is full until April.