Maintained BUY Recommendation and Increased Target Price for INTUCH: A Closer Look at the Forecasted Profit Increase
We maintain our BUY recommendation on INTUCH by increasing our target price to 98 baht from 94 baht as we have raised our profit forecast in line with ADVANC. Meanwhile We expect 4Q23 profit to be strong at Bt3.12 billion (+14% yoy and 2% qoq) from ADVANC profit, and there may be an upside in […]
GULF Energy Development Public Company Limited Expects Q4 Win and Continued Growth
Stock Dimension – GULF Brokers expect Q4 Win 4-5 A billion million baht, year 67 Continued growth of COD totals Add another 1.3 A thousand MW Upgrade the target price to 52.75 baht GULF or Gulf Energy Development Public Company Limited said by Yuanta Securities (Thailand) that it expects normal profit Q4/66 at the level […]
INTUCH Stock Sees Q4 Profit Growth and 5.6% Dividend Yield – Brokers Bullish on ADVANC
Dimension Stock – INTUCH Brokers are lauding Q4 profit growth and increasing ADVANC’s profit share target, classifying it as a 5.6% dividend yield stock. Bualuang Securities’ INTUCH said Q4/2023 net profit was 3.13 billion baht, up 15% YoY and +1% QoQ, supported by higher core service income. Less selling expenses and profit from investments in […]
INTUCH Adapts Investment Strategy to Increase Dividend Income: Maybank Securities (Thailand)
INTUCH’s Investment Adaptation Strategy Maybank Securities (Thailand) reports that after the sale of THCOM, INTUCH’s dividends from ADVANC now account for 100% of its income. However, INTUCH is actively seeking new investment opportunities in various companies to diversify its sources of income. The company has shifted its investment strategy from holding 5-20% shares in small […]
Foreign Risk Issues Ease: Economic Outlook for 2024 and Investment Strategy for Thai Stock Market
Global Economic Risk Outlook The outlook for foreign risk issues is showing signs of improvement, as global inflation has significantly decreased, particularly in developed countries. It is anticipated that there will be a gradual downward adjustment in the first quarter of 2024, with potential decreases in large economies such as the United States and Europe, […]
The Future of SET50 and SET100 Indices: Analysis and Predictions for 2024
Stock Dimension Analysis: SET50/100 and SET50FF/SET100FF Indices The Securities Research Department of CGS-CIMB (Thailand) has released an analysis predicting the upcoming changes to the Stock Exchange of Thailand (SET) indices. The department expects that the names of the stocks used in the calculation of the SET50/100 and SET50FF/SET100FF indices will be announced by SET on […]
GULF reports strong financial results and sustainable energy projects for 2023
GULF’s Financial Performance in the 3rd Quarter of 2023 As of the 3rd quarter of 2023, GULF reported a notable increase in earnings, with an EBITDA of 9,364 million baht, marking a 41% increase from the same period in 2022. The net profit of Ownership of the parent company also saw a significant rise, reaching […]
Stocks in the SET50 with Low Monthly Turnover Face Risk of Elimination
Liquidity Concerns for Stocks in the SET50 Index One of the major challenges faced by the SET Index is the liquidity issue, primarily stemming from thinner trading values and lower monthly turnover observed in certain large stocks, especially those included in the SET50. As a result, stocks with low monthly turnover in the SET50 are […]
Stock Price Analysis: INTUCH, THCOM, and ADVANC Show Promising Growth in the Past Month
INTUCH’s Strong Performance Reflects Positive Outlook for Stock INTUCH stock price for the last 1 month (between July 5 and August 4, 2023) increased by 3.77% to 75.75 baht. According to Krungsri Phatthanasin Securities, INTUCH is recommended as a “speculative buy” with a 2023 target price of 81 baht. This recommendation is based on the […]
Let’s get to know Sarat Rattanawadi of the GULF empire, billionaire, major shareholder of INTUCH.
Bangkok Online Business News Team Inviting you to get acquainted.Sarat Rattanawadi‘ the kingdomgulf (GULF) billionaire, the company’s main shareholder in connection Public Holdings Company Limited (INTUCH), which is the holderITV stock More than 52.92% (as of information on June 12, 2023) reverseda record ‘Sarat Rattanawadi‘ The middle child is nicknamed Klang. with an older brother […]
