Stocks in Focus on March 8, 2023: MINT and BEYOND

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on March 8, 2023.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Minor International Public Company Limited (SET: MINT) with a target price at ฿44.60/share.

MST expected MINT’s net profit in 2023-24 to increase by 28% and 24%, respectively, amid recovering tourism worldwide moving in an uptrend. Meanwhile, occupancy rate is increasing amid declining gas costs in Europe, pushing EBITDA margin higher.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Bound and Beyond Public Company Limited (SET: BEYOND) with a target price at ฿24.00/share.

FSS expected profit momentum in 1Q23 to continue recovering due to the return of foreign tourists, pushing RevPar of Four Seasons Hotel Bangkok and Capella Bangkok higher.

FSS expected 2023 results to turn to profit of 78 million baht and accelerated to 256 million baht in 2024. The share price is currently trading at 18x 2024PER, compared to an average of its peers around 30x. The book value is also trading below its peers.