INSET plus 4% expecting a recovery in the 1st quarter of 2023, aiming to get a new job, the target broker is 4.10 baht.

Reporters reported that today (Feb. 6, 2023) the stock price Infraset Public Company Limited or INSET At 3:52 p.m., it was at 3.56 baht, plus 0.14 baht or 4.09%, the highest price was 3.58 baht, the lowest price was 3.44 baht, with a trading value of 62.86 million baht.

Blo.Nomura Phatthanasin Stated in the analysis (24 Jan. 23) that INSET in 2023 prepares to accept new works from 1. A new set of NBTC works that begin to resume bidding 2) worksTrue Corporation Public Company Limited or TRUE who believed to return to normal following the merger Total Access Communication Public Company Limited or DTAC completed in Q1/23 and 3) the auction of large data center works that have been through the ground work period for more than a year. It is expected to see the progress of the auction throughout the year 23.

Looking at the backlog at the end of 2022 at 1 billion baht, and the backlog to be delivered in 2023 is 50% of the 2023 revenue forecast at 1.45 billion baht, the remaining 50% are expected to be supported by new jobs. in 2023, together with the margin recovering from 2022, is expected to boost profits by 36.9%.

However, the 1st quarter of 2023 will begin to recover from the previous quarter. As for the same period last year, it slightly weakened. with a target price of 4.10 baht

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