Stocks in Focus on January 8, 2023: WICE and MOSHI

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on January 8, 2023.


Liberator Securities (LIB) has given a “BUY” recommendation on Wice Logistics Public Company Limited (SET: WICE) with a target price at ฿9.20/share.

LIB stated that the Ministry of Commerce expected Thai exports this year to expand 2%, while expecting that the tension in the Middle East and China and US economy could still be manageable, which would support WICE’s performance this year to grow 29% to 256 million baht. The analyst noted that the price had bottomed out.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Moshi Moshi Retail Corporation Public Company Limited (SET: MOSHI) with a target price at ฿56.00/share.

MST stated that 4Q23 profit trends are forecast to expand both YoY and QoQ, supported by entering high season such as Christmas and New Year, which will support product demand, while GPM will increase from the launch of new products in the Jewelry group with high GPM.

Earnings direction in 2024 still tends to be bright. The company has set a target for revenue growth of 20% from the gradually recovering purchasing power in the country, the increasing number of tourists, the expansion of 20 MOSHI branches / 4 Garlic branches and the increase in new products. Based on Bloomberg Consensus, it is expected that EPS Growth for 2024E, growing 38x high.