Stocks in Focus on November 16, 2022: ADVANC and PLANB

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on November 16, 2022.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on Advanced Info Service Public Company Limited (SET: ADVANC) with a target price at ฿242.00/share.

It decided to invest Bt32.4bn in JASIF-TTTBB, even though JASIF’s unitholders did not approve the condition to terminate the current rental and marketing agreements. FSS viewed that ADVANC still benefits from this deal since it will help ADVANC become the second in the broadband market. Also, it would help lessen future competition. However, it would slightly dampen ADVANC’s operating performance due to the booking of fiber optic rent and a 5% higher interest expense.


KGI Securities (KGI) has given an “Outperform” rating on Plan B Media Public Company Limited (SET: PLANB) with a target price at ฿8.80/share.

After reporting a record high net profit of Bt184mn in 3Q22, PLANB’s earnings are expected to improve QoQ from 4Q22F onwards on the back of stronger advertising spending, increasing utilization rate, improving engagement marketing and continued expense control. Earnings momentum is expected to improve YoY and QoQ in 4Q22F and full-year earnings are forecast to surge 921% YoY in 2022F and 35% YoY in 2023F.