Stocks in Focus on March 24, 2023: AOT and BEYOND

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on March 24, 2023.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Airports of Thailand Public Company Limited (SET: AOT) with a target price at ฿84.00/share.

MST expected the operation outlook in 2023 to continue growing in line with the growth of the Thai tourism industry. MST expected to see 27 million tourist arrivals this year, which is higher than the expectation of the Thai government by 2 million. Moreover, the remedial measure for its concessionaires will expire this month, which would boost AOT’s revenue moving forward.


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 stated that the profit momentum in 1Q23 should continue to recover from the returning of foreign tourists, boosting RevPar of its two high-end hotels.

FSS expected BEYOND to record 78 million baht of profit this year and will accelerate to 256 million baht in 2024. The share price is trading at 18x 2024PER, compared to 30x peers. Its book value is also below its peers as well.