Asia Plus flags low-volatility ICT stocks, picks ADVANC as top choice

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โดย HoonVision·TH·Read original
Summary · why it matters

Asia Plus Securities says ICT stocks are an attractive group in a volatile market, with an average beta of 0.88 year-to-date, below the market, and expects normalised profit in 2026-2027 to grow an average of 16%, while forecasting an average dividend yield of 4.94%-5.31%, higher than the market average of 3.79%-3.92%. The research team maintains an overweight stance on the ICT group, selecting three stocks that meet both the low-beta and high-dividend criteria: 3BBIF, ADVANC and TRUE, which are expected to post better operating results in the second half of 2026 both half-on-half and year-on-year, with continued growth into 2027. The research team picks ADVANC as its top pick because of its strong business, solid earnings base and cash flow, and consistent dividend payments, expecting a dividend yield of 4.9%-5.1% in 2026-2027, while the share price remains a laggard, up only 13% year-to-date compared with rival TRUE's 19% gain.

Impact on stocks 2

Cloud & Digital Infrastructure▲ · 2 stocks

Off-coverage companies 1

3BB Internet Infrastructure FundPrivate± Mixed
Capitalrelevance

3BBIF is listed among the three ICT stocks meeting the low-beta and high-dividend criteria, with no company-specific detail given.

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