Stocks in Focus on August 24, 2022: TLI and PTTEP

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on August 24, 2022.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Thai Life Insurance Public Company Limited (SET: TLI) with a target price at ฿19.20/share.

FSS stated that TLI is Thailand’s third-largest insurance company. It has a healthy growth outlook, in line with consumer behavior. They are paying more importance to buy insurance coverage, in which TLI has strategies to introduce new products that answer their question. They would support both revenue and margin growth.

FSS expected TLI’s profit to grow by 16% CAGR from 2022 to 2024. TLI has the second-highest combined ratio and higher ROI than the industry’s average. FSS noted that TLI has support at Bt15.50 and resistance at Bt16.30-16.50//17.


Krungsri Securities (KSS) has given a “BUY” recommendation on PTT Exploration and Production Public Company Limited (SET: PTTEP) with a target price at ฿185.00/share.

KSS stated that the company had a positive sentiment after a rise in crude prices, resulting in a potential increase in 3Q22 net profit following higher volume and selling price. Meanwhile, KSS expected hedging loss should decline and could turn to positive territory if Brent could maintained below $102 per barrel.