Stocks in Focus on June 26, 2023: AOT and BANPU

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 26, 2023.


Land and Houses Securities (LHS) has given a “BUY” recommendation on Airports of Thailand Public Company Limited (SET: AOT) with a target price at ฿82.00/share.

LHS stated that AOT will collect transit fee at the amount of 100 baht per passenger, while expecting that transit passenger in 2024 should be relatively close to pre-Covid level of around 600,000, anointing to around 60 million baht to its revenue. AOT turned around to record profits in FY1Q23 (Oct.-Dec 2022) and made a significant growth in the second quarter with a gain of 442% QoQ, following the recovery of tourists. LHS expected tourist arrivals to reach pre-Covid level by next year.


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 should benefit from abnormally longer winters, coupled with hopes for the Chinese government to consider a stimulus package to boost its economy. Meanwhile, more investment in infrastructure would boost demand for coal. Moreover, price of natural gas also rose 20% MTD.