Stocks in Focus on August 18, 2022: MINT and TTB

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on August 18, 2022.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Minor International Public Company Limited (SET: MINT) with a target price at ฿43.000/share.

FSS stated that the 3Q22 operating performance could ease Q-Q, in line with the season in Europe. However, its sharp Y-Y recovery should continue. Also, its profit may sustain. MINT still benefits from the reopening in Thailand. Also, its food unit’s recovery should extend, particularly in the domestic market.

FSS expected MINT to turn profitable in 2022 at Bt1.1bn, up from its loss of Bt13bn last year. Also, the earnings should accelerate ( +5x% Y-Y) in  2023, just 10% below its pre-covid level in 2019.

MINT has support at Bt33.50-33 and resistance at Bt34.50//35.50-36.


Krungsri Securities (KSS) has given a “BUY” recommendation on TMBThanachart Bank Public Company Limited (SET: TTB) with a target price at ฿1.60/share.

KSS stated that the share price of TTB has underperformed the market, falling 15% YTD. The company has a positive momentum on an interest rate hike trend, while expecting 20% net profit growth this year, which is the best performer among small-mid banks.