INTUCH shares jump 12.8% from the beginning of August – investors expect 3 main factors

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August 15, 2021
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“INTUCH” share price rose 12.8% from the beginning of Aug.-13 Aug. 64 “Kasikorn Securities” indicates investors expect from 3 main factors.

On August 15, 2021, reporters reported the movement of shares in Intouch Holdings Public Company Limited (INTUCH) since the beginning of August 64 until the present (2-13 August 64) found that the share price increased by more than 8.25 baht, or increased by more than 12.8% from the price level of 64.50 baht to the price level of 72.75 baht, during the period of August 10, the market closed at +2.75 baht and during the period of August 11 .Empty more than +7 baht

Mr. Phisut Ngamvichitwong, Senior Director Securities Analysis Department Kasikorn Securities Public Company Limited revealed “Prachachat Business” that the increase in INTUCH’s share price was significant from 3 main issues from the meeting during 9-10 Aug. come is

1. Gulf Energy Development Public Company Limited (GULF) can purchase additional shares up to 49.9% within 1 year at a price not higher than 65 baht, which encourages the share price to not adjust. go down

2. GULF will send people to sit as directors of INTUCH and forward them to Advanced Info Service Plc. (ADVANC) within this year, which is expected to help increase the dividend payout ratio. The increasing dividend factor makes the market more excited. At present, INTUCH pays around 4%, while ADVANC pays 3-4% or 75% of net profit. The dividend payout has increased to more than 5% and

3. Bringing out the existing assets to produce interest, for example, the study of selling assets from the telecommunication business to the infrastructure fund. (Infrastructure Fund: IFF) or establishment of a telecommunication tower rental company (TowerCo)

These factors make investors feel expectation. Keep holding INTUCH because it is expected that the share price will not fall below the 64-65 level while there is an upsite if there is a dividend payout. and a case study of bringing assets to produce flowers and fruits If it becomes clear, the share price is likely to rise further.

However, despite many investors asking about the liquidity concerns from the missing retail investors. Might make INTUCH shares the same as the shares of Delta Electronics (Thailand) PCL. DELTA or not because it has a small free float ratio? The price may run wildly. Currently, INTUCH free float is at 30% while DELTA is at 22%, so we’ll have to keep watching.