MAKRO - Strong growth for wholesale business in 1Q23; Maintain BUY TP THB46.00

ILINK - Growth momentum continues; Maintain BUY TP THB10.00 - Transfer of Coverage

ORI - 1Q23E profit driven by JV projects; Maintain BUY TP THB13.90

TFG - Earnings slump in 1Q hurts outlook; Downgrade to HOLD TP THB5.20

GFPT - Revise down 2023E profit and TP; Maintain BUY TP THB12.40

CPF - Keep an eye on the meat price; Re-initiate with HOLD TP THB22.30

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