Stocks in Focus on May 9, 2023: SCGP and GABLE

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on May 9, 2023.


Maybank Securities (MST) has given a “BUY” recommendation on SCG Packaging Public Company Limited (SET: SCGP) with a target price at ฿49.00/share.

MST expected operations in 2Q23 and 2H23 to continue growing, following the recovery in the Asean economy. Gross profit margin should improve slightly from lower material costs to the normal level and have a tendency to remain stable. Additionally, energy price and freight rate have a potential to decline, compared to the previous year.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on G-Able Public Company Limited (SET: GABLE) with a target price at ฿9.00/share.

FSS stated that GABLE’s software platform development has high potential growth with 50% of recurring income to the company’s total revenue while having a high backlog of 4.1 billion baht.

FSS expected GABLE to report 15% increase in revenue to 5.5 billion this year. Meanwhile, net profit is expected to grow 19% to 317 million baht from an increase in margin.