PSL - A tough year ahead; Initiate with HOLD TP THB17.00

GPSC - Bottomed out in 4Q22; Upgrade to BUY TP THB76.00

AOT - 1QFY23 turnaround as expected; BUY TP THB85.00

AP - Set an aggressive plan for 2023; Re-Initiate with BUY TP THB14.00

IRC - 1QFY23 profit missed on costs; HOLD TP THB15.50

RS - Weak 4Q22 expected on shaky performance; Maintain REDUCE TP THB14.50

CHG - Strong non-Covid to drive 2023 profit; Maintain BUY TP THB4.40

BCH - SSO and China reopening are upsides; Maintain BUY TP THB25.50

KCE - Another cloudy year anticipated in 2023; Initiate with HOLD TP THB50.00

BEYOND - Growth visibility beyond a doubt; Initiate with BUY TP THB24.00