IRC - Expect delayed recovery in 2QFY23; Maintain HOLD TP THB14.00

MAKRO - Waiting for Lotus’s to blossom; Maintain BUY TP THB46.00

RAM - Projects are building up steam; Maintain BUY TP THB60.00

PR9 - Small setback in 1Q23 earnings; Maintain BUY TP THB22.00

CK - Construction cycle enters upswing; Maintain BUY TP THB26.00 - Transfer of Coverage

BDMS - Getting off to a healthy start in 2023; Maintain BUY TP THB34.50

STANLY - Slow recovery expected in 4QFY23; Maintain BUY TP THB220.00

BEYOND - Smoother road to profitability; Maintain BUY TP THB24.00

SAPPE - Sweet gains for functional drinks; Maintain BUY TP THB68.00

SEAFCO - After the storm comes the calm; Maintain BUY TP THB4.70 - Transfer of Coverage