Stocks in Focus on July 26, 2023: MINT and BJC

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


KGI Securities (KGI) has given an “Outperform” rating on Minor International Public Company Limited (SET: MINT) with a target price ฿43.00/share.

KGI expected MINT to report a 2Q23F net profit of Bt2.99bn, growing 92% YoY and turning around from a loss of Bt976mn in 1Q23. RevPar is expected to come in at Bt4,060 (+27% YoY, +49% QoQ), resulting from: i) occupancy rate increasing to 70% and ii) ARR growing 20% YoY and 25% QoQ. SSSG is expected to increase 11% YoY on the back of strong recovery of China’s restaurants. KGI expected MINT’s earnings to continue to show strong performance in 3Q23F backed by the high season of hotels in Europe.


Pi Securities has given a “BUY” recommendation on Berli Jucker Public Company Limited (SET: BJC) with a target price at ฿45.00/share.

PI expected BJC’s normalized profit to come in at 1.17 billion baht in 2Q23 (+1% YoY, -4% QoQ), supported by its solid modern trade segment (Big C) that should offset the decline in packaging business. The company also has a positive catalyst in listing BigC into the stock market later this year.