At the end of the trading session on Friday, the share price of Com7 Public Company Limited (SET: COM7) advanced by 3.51% or THB 1.00 to THB 29.50, with a trading value of THB 853.48 million.
Land and Houses Securities (LHS) expects COM7’s normalized profit for the second quarter of 2026 to reach THB 1,220 million, representing year-on-year growth, while remaining stable on a quarter-on-quarter basis.
LHS continues to view UFUND as a key driver supporting sales across both the retail and non-retail segments. The expansion in new lending by UFUND is anticipated to reach THB 5.5 billion in the first half of 2026, with the potential to achieve a total of THB 10 billion for the entire year.
The impact of Apple’s recent product price adjustments is estimated to positively affect COM7’s gross margin in the short term. Additionally, PLANB’s acquisition of shares in COM7 is regarded positively, as it presents an opportunity for long-term business collaboration.
This development is expected to create upside potential for related business segments as well as the share price outlook, especially considering the perspective of COM7’s new major shareholder.
Based on these factors, the brokerage assigns a ‘Buy’ recommendation on COM7 with a target price of THB 32.65 per share.
