Kasikorn Securities analysts expect PLANB to begin recognising its share of profit from COM7 from 17 September, after approval of the directors nominated by PLANB. It will recognise the share of profit for the period after approval in the third quarter of 2026, estimated at 17 million baht, which will partly offset related financing costs. The broker has therefore raised its normalised profit forecasts for 2026, 2027 and 2028 by 15.3%, 21.9% and 21.6% respectively, while maintaining a buy recommendation and raising its target price by 11% to 6.68 baht, reflecting a higher P/E multiple and the incremental value from COM7's profit share.
Plan B Media PCLKasikorn Securities raises profit forecasts and target price for PLANB due to COM7 profit share.
Com7 PCLPLANB's profit recognition from COM7 boosts its earnings forecasts, but COM7 itself is not directly affected.
