The reporter reported that today (25 Aug 65) the share price Interlink Company Communication Public Company Limited or ILINK At 11:05 a.m., at the level of 8.40 baht, plus 0.10 baht or 1.20%, the highest level is 8.45 baht, the lowest level is 8.35 baht, with a turnover of 22.42 million baht.
However, the share price ILINK Started to buy to rest, pushing the price to rise for the 3rd consecutive day after as of Aug. 8, 65, the share price closed at 7.90 baht, which means that the share price has risen 6.33% and if looking at the signal Techniques still have a chance to adjust further. combined with fundamentals
Finansia Syrus Securities Public Company Limited Specified in the analysis (25 Aug 20) Appraisal per share ILINK The part of the Koh Tao submarine cable work worth 1.8 billion baht that the company offers the lowest price. All features have been passed. It is expected that the contract will be signed no later than next month, supporting Backlog reaching 3 billion baht. Moreover, the Cable Distribution business is still bright and will start marketing new products for Low Smoke Zero Halogen cables early next year, which meets the needs of ESG, while the demand for cables is still high.
The second half of year’s earnings are expected to be better than the first half. Still projecting profit in year 20 to grow 16% from the same period last year and year 66, growth of 15% from the same period last year. Currently trading only 11 times PER, recommend “buy” with a target price of 12 baht.
The technical signal gives support 8.20-8.10 baht, resistance 8.50-8.60, and if passed, test the next resistance at 9.00 baht.