Stocks in Focus on July 20, 2022: IVL and SISB

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 20, 2022.


Krungsri Securities (KSS) has given a “BUY” recommendation on Indorama Ventures Public Company Limited (SET: IVL) with a target price at ฿60.00/share.

KSS expected IVL to record 14 billion baht of net profit in 2Q22, flat QoQ but increase 68% YoY, boosted by rising sales volume from the consolidation of Oxiteno. Meanwhile, MTBE spread is also on an upside that recently reached a record high of $900/ton.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on SISB Public Company Limited (SET: SISB) with a target price at ฿15.00/share.

FSS expected the 2Q22 profit to hit a new high (+9% Q-Q, +5% Y-Y). Also, the momentum will accelerate in 2H22. The current 2022E profit (+36% Y-Y) has an upside of about 10%.

On the positive side, SISB has more students than the estimate and its target of 2,750. Also, it may increase to 3,000 due to Thai students and Chinese traveling abroad to further their studies after their government’s restrictions. Also, the new phase of its Thonburi campus has positive feedback.

SISB has support at Bt11//10.50 and resistance at Bt12//12.50.