Stocks in Focus on October 18, 2022: AAV and ILINK

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


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Asia Aviation Public Company Limited (SET: AAV) with a target price at ฿3.10/share.

FSS stated that the 2H22 profit should recover significantly, in line with Thailand’s and East Asia’s reopening. AAV expects its international flights to increase to 50% of its pre-COVID level by the end of this year. FSSIA anticipates an operating loss in 2022.

It would be the last before turning to a profit of Bt1.2bn in 2023, in line with tourist arrivals recovery. Also, AAV has a catalyst from the prospect that China will reopen next year.

AAV has support at Bt2.9-2.8 and resistance at Bt3.10.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Interlink Communication Public Company Limited (SET: ILINK) with a target price at ฿11.50/share.

FSS rolled over to 2023 TP of Bt11.5 (SOTP) to incorporate the project to install submarine cables to Koh Tao (Bt1.7bn) since contract signing should take place shortly. ILINK should realize 10% of it as revenue this year and the rest next year. Based on a net profit margin of 8-10%, it should add 20% to the 2023 profit. As a result, it would jump by 34% Y-Y. At the same time, the 11% QTD decreases were only in line with ITEL, while its signal cable sales outlook remains healthy. ILINK currently trades at a PE of just 10.8x this year and 8x next year.