ADVANC: 1Q22 Earnings Should Be the Lowest of the Year
We maintain our BUY rating with a new DCF-derived TP of Bt259 (-4% from previous TP) representing 23.8xPE’22. We adjusted down overly optimistic...
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ADVANC: 5G and Enterprise Segment Will Drive Strong Growth in 2022
Upgrade to BUY rating with new TP of Bt269 (up 19% from previous TP), based on DCF, implying 24.1xPE’22. Analyst meeting came out with positive...
256 Views
ADVANC: 5G Mass Adoption Will Lead to ARPU Growth This Year
Maintain our HOLD rating at Bt227, based on DCF implying 24xPE’22. Current share price already factored in positive outlook on 5G development and...
187 Views
ADVANC: Opportunities Fully Priced in for 2022, Downgrade to HOLD
Downgrade ADVANC to HOLD from BUY rating with a TP of Bt227 due to limited upside. Share price soared by 14% since 19 November 2021 is due to...
222 Views
ADVANC: Expect 3Q21 Earnings to Drop Slightly QoQ
We expect ADVANC to report 3Q21 net profit at Bt6.6bn (+2.9%YoY, -4.8%QoQ), with increasing marketing costs to promote their new streaming service...
186 Views