Stocks in Focus on June 15, 2023: AOT and BANPU

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 15, 2023.


KGI Securities has given an “Outperform” rating on Airports of Thailand Public Company Limited (SET: AOT) with a target price at ฿86.00/share.

KGI stated that it was positive about AOT’s business outlook after the site visit at AOTTO. The company foresees potential growth from its cargo business since it has a freezone terminal with the ability to certify perishable products through a perishable premium lane. This segment is expected to grow 150% in the future from the current revenue of THB1 billion per year.

KGI maintained its estimated net profits at THB13.9 billion for FY23 and THB27 billion for FY24F.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Banpu Public Company Limited (SET: BANPU) with a target price at ฿11.00/share.

MST stated that BANPU will benefit from a longer winter, which would increase the demand as natural gas price rose 8.6% month-to-date. The market also hopes for a positive outcome from Beijing in the discussion to stimulate the economy and boost production output.