Stocks in Focus on January 10, 2023: ADVANC and PTG

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on January 10, 2023.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Advanced Info Service Public Company Limited (SET: ADVANC) with a target price at ฿240.00/share.

MST stated that ADVANC’s 4Q22 core net profit is expected at THB6.5b (-3.8% YoY, +4.2%QoQ), driving 2023 core net profit to grow +9.5% and 2023 revenue to rise +4.5%. This will be higher than the New Co (TRUE+DTAC) which is expected to grow 2.9%. It is because ADVANC will benefit from softening inflation more than competitors.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on PTG Energy Public Company Limited (SET: PTG) with a target price at ฿18.30/share.

FSS expected PTG’s 4Q22 net profit to accelerate in QoQ and YoY with higher sales volume due to seasonality and Thailand fully reopened. Meanwhile, the marketing margin remained at a positive level and its non-oil business started to recover.

FSS expected profit in 2023 to accelerate in both oil and non-oil business, while its Palm Complex would not weigh on its bottom line as much as it did in 2022.