INTUCH, GULF, ADVANC shares rose. At 10.20 AM, INTUCH shares rose 15.15 percent to 76.00 baht, up 10.00 baht, trading value 1,354.36 million baht.
GULF shares rose 1.99% to 38.50 baht, up 0.75 baht, trading value 243.15 million baht.
ADVANC shares rose 1.92% to 185.50 baht, increased 3.50 baht, trading value 1,381.88 million baht.
Finansia Syrus Securities stated in the analysis to recommend “speculation” on the shares of Advanced Info Service Public Company Limited (ADVANC) and Intouch Public Company Limited. Holdings (INTUCH) from higher dividend yield opportunities
Gulf Energy Development Public Company Limited (GULF) is optimistic in the short term as INTUCH’s profits come to support around 3-4 billion baht per year, or 45- 60% of GULF’s full-year profit while INTUCH will be used long-term to expand its technology and digital business. It also plans for INTUCH to pay more dividends, which will be positive for GULF’s cash flow. Maintain a $47 target price, recommend a BUY.
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