Stocks in Focus on August 4, 2023: BH and BEM

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on August 4, 2023.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Bumrungrad Hospital Public Company Limited (SET: BH) with a target price at ฿280.00/share.

FSS expected 2Q23 normalized profit at 1.57 billion baht (stable QoQ), which could be higher than the expectations of 1.4 billion baht by the market even though it was BH’s low season. Growth should come from higher international patients from the Middle East, seeing an increase over 70% in the second quarter despite the Ramadan in April.

3Q23 earnings could reach a record high from a peak season and the continuity of growth in the Middle East travellers. FSS expected 2023 earnings at 6 billion baht (+22%).


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Bangkok Expressway and Metro Public Company Limited (SET: BEM) with a target price at ฿9.70/share.

2023 earnings should benefit from higher traffic on the expressway after employees return to the office from Covid pandemic. Its metro also benefited from a recovery of tourists and the opening of the new Yellow Line.