Sutthirak Traichiraaporn, JMT's CEO, or JMT Network Services Public Company Limited, revealed that the company is confident that its performance in 2024 will continue to grow from 2023, with the company's plans to buy bad debts continuing to increase. “Last year, a credit line of about 10 billion baht was invested. The total new debt increased by 100,000 million baht, bringing the total debt portfolio to 500,000 million baht. We are not concerned if the government expands and extends relief measures.” religion.
Asia Plus Securities said it expects fourth-quarter 2023 earnings to have a brighter trend. The share price has already reflected several concerns since the beginning of 2023, along with a revised 2023-2024 net profit estimate of 1.96 billion baht (+12% y/y) and 2.33 billion baht (+19% y/y), which Reduced 2024 outlook Target price: 45 baht per share, revised from original price of 47 baht per share.
Underlying stocks, stable dividends that long-term investors can accumulate
Meanwhile, Liberator Securities reported that the leader revealed that debt collections in the fourth quarter of 2023 will recover to a record high for the year. We expect expected credit losses on some debt raised in accordance with/or better than the modification plan to reverse and the target price to earnings equals 22.6 times growth.
It has a new favorable price for 2024 of 39 baht, reflecting that the company still has a stable profitability base. Long-term investors can accumulate
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