Stocks in Focus on September 2, 2022: SISB and TOA

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on September 2, 2022.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on SISB Public Company Limited (SET: SISB) with a target price at ฿16.50/share.

MST stated  that SISB is in its growth stage. In 2H22, FSS expected higher growth rates (+33% H-H, +159% Y-Y) due to school fee hikes and significantly higher Thai and Chinese students.

FSS expected the profit to jump by 58% Y-Y in 2022 and 30% Y-Y in 2023 due to higher students after the two new campuses in Nontaburi and Rayong. Including existing campuses, the number of students should reach 3,400 by 2023.

SISB has support at Bt14//13.40 and resistance at Bt14.80-15.


Maybank Securities (Thailand) has given a “BUY” recommendation on TOA Paint (Thailand) Public Company Limited (SET: TOA) with a target price at ฿35.00/share.

MST expected earnings potential in 2H22 to recover from raising its selling price in 2Q22 to offset rising material costs in 1Q22. MST stated that demand remains strong and fuel-related costs started to decline, which led to better gross profit margin.