Post by account_disabled on Jan 6, 2024 4:34:17 GMT
The Stock Market recommends "Buy" on TACC shares with a target price of 5.75 baht, keeping an eye on the 2Q19 budget for continued growth. Meanwhile, the character business's income has more than doubled. Ready to send more new products for sale inside and outside 7-Eleven. Yuanta Securities (Thailand) Co., Ltd. published a stock analysis of T.A.C. Consumer Public Company Limited (TACC) recommending "Buy" with a target price of 5.75 baht and there is a chance to increase it further in the coming months.
This year With support B2B Email List from 1) profit trends in the 2nd quarter of 2019 have the opportunity to make new highs and continue until the 4th quarter of 2019, 2) The character business has the number of new customers in the portfolio increasing at an accelerating rate, causing this revenue to grow at least 100% compared to the same period last year this year. 3) The original business has high growth following the number of 7-11 branches and All Cafe will have new drinks available later this month. and began to find more customers outside 7-11 and 4) adjusted the profit forecast by 12% by including revenue from Hershey's in the forecast. With a dividend yield of 4.8% In this regard, the initial net profit for the second quarter of 2019 is expected to be at the level of 35-40 million baht, growing almost double from the previous year.
As for M&A, 2-3 deals are still being negotiated and may see clarity by the end of the year. or within the next year For the character business Recently, we have gained new customers in the banking group, namely Government Savings Bank and Citibank, and Robinson using the copyright of Sumiko cartoons. There are also customers in the beverage group, namely Aura Mineral Water, which uses Rilakkuma on its packaging, which will begin to gradually recognize revenue in the 2nd quarter of 2019, continuing into the 1st quarter of 2020. And there is also a large customer in Singapore under negotiation. In addition, at the end of the year there will be a big event related to San-X's cartoon character exhibition, causing TACC to receive income.
This year With support B2B Email List from 1) profit trends in the 2nd quarter of 2019 have the opportunity to make new highs and continue until the 4th quarter of 2019, 2) The character business has the number of new customers in the portfolio increasing at an accelerating rate, causing this revenue to grow at least 100% compared to the same period last year this year. 3) The original business has high growth following the number of 7-11 branches and All Cafe will have new drinks available later this month. and began to find more customers outside 7-11 and 4) adjusted the profit forecast by 12% by including revenue from Hershey's in the forecast. With a dividend yield of 4.8% In this regard, the initial net profit for the second quarter of 2019 is expected to be at the level of 35-40 million baht, growing almost double from the previous year.
As for M&A, 2-3 deals are still being negotiated and may see clarity by the end of the year. or within the next year For the character business Recently, we have gained new customers in the banking group, namely Government Savings Bank and Citibank, and Robinson using the copyright of Sumiko cartoons. There are also customers in the beverage group, namely Aura Mineral Water, which uses Rilakkuma on its packaging, which will begin to gradually recognize revenue in the 2nd quarter of 2019, continuing into the 1st quarter of 2020. And there is also a large customer in Singapore under negotiation. In addition, at the end of the year there will be a big event related to San-X's cartoon character exhibition, causing TACC to receive income.