INVX Morning Call 1/10/2567

INVX 1/10/2567: Google investment in Thailand Benefit GULF ADVANC TRUE / WHA / DELTA/ GULF / SECURE

: Sector Telecom Overweight

Data Centre play from Google investment in Thailand

Raised target price of ADVANC to Bt 300 from

Bt 250 /TRUE to Bt 13.00 from Bt 11.50

: Sector Property Interest rate cut ( 0.25% on Oct16 and Dec.18,2567 and more 2 cut each 0.25% in 1H25 ) Prefer SIRI and AP vs tone down SPALI lower backlog and revenue .