Advanced Info Service PCL
OTC Pink - Limited Information:AVIFY

  • LAST PRICE
    5.1400
  • TODAY'S CHANGE (%)
    -0.0735 (-1.4098%)
  • Bid / Lots
    ---/ ---
  • Ask / Lots
    ---/ ---
  • Open / Previous Close
    5.3350 / 5.2135
  • Day Range
    5.1400
    5.4167
  • 52 Week Range
    5.1400
    6.5875
  • Volume
    5,807

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  • Mar 28, 2024

      Show headlines and story abstract

    • 11:47PM ET on Thursday Mar 28, 2024 by Dow Jones

      0347 GMT - Advanced Info Service has a potential re-rating catalyst in strong quarterly earnings momentum in FY 2024 despite the drag from its fixed broadband operator 3BB's weak performance, Maybank analyst Wasu Mattanapotchanart says in a note. Throughout FY 2024, 3BB's shrinking quarterly loss, increase in mobile average revenue per user and growing enterprise revenue should boost ADVANC's quarterly earnings growth, he says. He projects the Thai mobile operator's 1Q net profit to rise 7% on year to THB7.1 billion, while losses at 3BB is estimated at THB400 million. He retains a buy call on the stock's cheap valuation and maintains the target price at THB251.00. (monica.gupta@wsj.com)

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