Kaohoon Online has selected stocks with a potential of high growth for investors to consider on May 8, 2020.
Krungsri Securities (KSS) has given a “BUY” recommendation on BTS Group Holdings Public Company Limited (BTS) with a target price at ฿13.50/share.
KSS Expects BTS a recovering passenger traffic after the government eased lockdown restriction effective May 3. Moreover, KSS also expects the revenue from train operations will surge with full-year contributions from five new stations (Ladprao to Kasetsart) with four more stations planning to open in June.
Maybank Kim Eng has given a “BUY” recommendation on Central Pattana Public Company Limited (CPN) with a target price at ฿66.00/share.
Maybank states that a chance to unlock the lockdown measures in a second phase gives a boost to a likelihood of the department store to reopen which may lead to operating performance to gradually recover. More importantly, CPN has no issues with liquidity as it manages to repay debt as required. It also has bank debt loans with net debt to equity ratio of 0.5x.