Stocks in Focus on June 28, 2023: AH and COM7

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on June 28, 2023.

 

Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on AAPICO Hitech Public Company Limited (SET: AH) with a target price at ฿44.00/share.

MST maintained its growth forecast for AH at 10-15%, higher than the automotive industry that produces 1.95 million units with a 3.5% growth, boosted by 1) Orders for Ford, 2) new orders from Vinfast and 3) an increasing number of auto showrooms.

 

KGI Securities (KGI) has given an “Outperform” rating on COM7 Public Company Limited (SET: COM7) with a target price at ฿33.00/share.

KGI noted that its 2023 earnings forecast for COM7 is expected to be achievable while the share price has been trading at an attractive valuation (-1.5 SD). KGI maintained a rating of Outperform with an end-2023 target price at THB33.00 per share, based on PER 23.0x (-0.5 SD).