BTG - Wait for meat prices to rebound; Initiate with BUY TP THB25.30

SISB - Solid student additions expected in 1Q23; Maintain BUY TP THB30.00

CHG - Slow start, but better times ahead; Maintain BUY TP THB4.40

BCH - A bit under the weather in 1Q23; Maintain BUY TP THB23.50

ITEL - Soft start in 1Q23E; Maintain BUY TP THB4.50 - Transfer of Coverage

AP - Expect q-q profit growth in 1Q23; Maintain BUY TP THB14.00

TOA - Signs point to a healthy start in 1Q23; Maintain BUY TP THB40.00

AAV - Full throttle from Chinese tourists; Maintain BUY TP THB3.70

DELTA - 1Q profit not as bright as share price; Maintain REDUCE TP THB560.00

SFLEX - Good acquisition at a good price; Maintain BUY TP THB4.70