SJWD shares climbed 1.96% to 10.40 baht after a broker maintained a buy rating and raised its target price to 12.50 baht from 12.00 baht, citing second-half 2026 earnings growth supported by high warehouse occupancy and demand from AI and data center customers, as well as an expanding transport customer base. The company expects to book average share of profit from investments of 120 million baht per quarter and plans to inject its ALPHA warehouse into the AIMIRT trust for 800 to 900 million baht in the fourth quarter of 2026, while setting up a new REIT for ALPHA in 2027 worth 3 to 4 billion baht. Dao Securities raised its 2026 normalized profit estimate by 4% to 1.25 billion baht, up 13% year on year, while another research note put fair value at 12.80 baht based on a discounted cash flow method, implying upside of about 25% from the reference price of 10.20 baht.
SCGJWD LOGISTICS PCL NON-VOTING DRBroker raises target price and maintains buy rating on AI/data center demand.
