Stocks in Focus on October 28, 2022: IVL and DOHOME

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on October 27, 2022.


Krungsri Securities (KSS) has given a “BUY” recommendation on Indorama Ventures Public Company Limited (SET: IVL) with a target price at ฿60.00/share.

KSS stated that IVL had positive sentiment from lower gas and electricity costs in the European businesses after neutral gas price in the U.S. declined to $5.8/MMBtu (-17.8% MTD), while TTF Gas dropped to EUR107/MWh (-48% MTD).


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Dohome Public Company Limited (SET: DOHOME) with a target price at ฿15.00/share.

FSS stated that it look over DOHOME’s 2H22 weak profit from higher steel prices that pressured sales and margin, including the impact of a flooding at one of its branches in Ubon Ratchathani, though the company has coverage from insurance.

FSS expected DOHOME’s low profit to bottom out in 2H22 as yearly net profit should decline by 45%. However, FSS expected a significant increase in 2023. Meanwhile, the share price should be priced in negative sentiment and has a potential to recover.