Stocks in Focus on August 17, 2022: PTG and ILM

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on August 17, 2022.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on PTG Energy Public Company Limited (SET: PTG) with a target price at ฿18.30/share.

FSS stated that the performance outlook remains upward in 2H22, in line with the reopening. It supports oil sales volume. Also, FSS expected the marketing margin to increase to Bt1.8-1.9/liter and non-oil recovery to continue.

FSS expected the profit to jump by 77% Y-Y in 2022. Also, the growth should continue by 27% Y-Y in 2023. PTG currently trades on a 2023 PE of only 11x.

PTG has support at Bt15-14.80 and resistance at Bt16.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Index Living Mall Public Company Limited (SET: ILM) with a target price at ฿21.50/share.

MST stated that ILM’s 2Q22 earnings hit new highs from strong expansion of SSSG and the growth of rental income, leading to higher GPM. The 3Q22 outlook is projected to grow YoY from a low base, while QoQ is stable and will continue to accelerate in 4Q22 thanks to new store openings. Valuation trades at 15x PE, below the group average of 25x.