Stocks in Focus on July 25, 2023: PLANB and BCPG

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 25, 2023.


Liberator Securities (LIB) has given a “BUY” recommendation on Plan B Media Public Company Limited (SET: PLANB) with a target price at ฿10.90/share.

LIB expected PLANB to deliver 204 million baht of net profit in 2Q23 (+54% QoQ, +17% YoY), supported by media spending to recover to 70% from 64% last quarter. Revenue from engagement marketing business is expected to grow from sports marketing, boosting its gross profit to reach a 4-quarter record. 3Q23 should benefit from Asian Games around 200 million baht and RWS’ big match. 2023 earnings are expected at 818 million baht.


KGI Securities (KGI) has given an “Outperform” rating on BCPG Public Company Limited (SET: BCPG) with a target price at ฿11.30/share.

KGI expected BCPG to post 2Q23F net profit of Bt266mn (-48% QoQ, -20% YoY) and core profit of Bt164mn (+3% QoQ, -70% YoY), backed by the resumption of hydropower plants and first contribution of oil terminal. Given recent positive development from completion of all three M&A deals, its share should rally alongwith earnings, which swing to an uptrend and could wipe out adder and geothermal gaps.