Stocks in Focus on January 16, 2023: STANLY and ADVANC

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on January 16, 2023.


Maybank Securities (Thailand) (MST) has given a “BUY” recommendation on Thai Stanley Electric Public Company Limited (SET: STANLY) with a target price at ฿220.00/share.

MST expected healthy 3Q23 (Oct-Dec 22) earnings, up 7% YoY, in line with the auto industry. STANLY is in a strong financial position, with no debt and THB6.9b cash on hand (48% of the stock’s market value). Also, valuations are undemanding, at just 9.2x FY23E P/E (-1SD) and 0.7x FY23E P/BV (-1.25SD), but offering a potential 4.7% dividend yield.


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

FSS expected 4Q22 net profit to increase 4% QoQ and decrease 8% YoY, which would be ADVANC’s best quarter in 2022 with all business segments recovered and its strong costs control. Meanwhile, expenses will continue to increase due to higher electricity bills. FSS expected ADVANC’s 2022 earnings to decrease 6%, but will increase 4% in 2023.

FSS noted that the current target price excluded the value increment from the acquisition of FBB. The securities 90% of the historic data from 2010-2019 showed that ADVANC usually had better performance in the first quarter. FSS expected dividend yield this year would be around 4-4.3%.