Stocks in Focus on June 13, 2023: MTC and WHA

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 13, 2023.

 

Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Muangthai Capital Public Company Limited (SET: MTC) with a target price at ฿47.00/share.

The management set a target for 20% loan growth, focusing on car title loans, while NIM is steady in 2023. The company noted that it will prioritize cash collection to increase its asset quality. The company also planned to expand 500-600 branches this year.

 

Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on WHA Corporation Public Company Limited (SET: WHA) with a target price at ฿5.00/share.

MST expected WHA’s 2023 operating results to continue growing, boosted by industrial estates from the relocation from China to Thailand and the investment support from BOI, especially EV businesses that should be the key drivers in the future.