JMT Jumps Nearly 9% to ฿23.80, Analyst Indicates an AMC Business to Gain Advantage
JMT Jumps Nearly 9% to ฿23.80, Analyst Indicates an AMC Business to Gain Advantage, while JMT Has Higher Unsecured Debt than Its Peers.
The share price of JMT Network Services Public Company Limited (JMT) jumped ฿1.90/share or 8.68% to ฿23.80/share with a trading value of 707 million baht, as of 15:05 local time in Thailand.
Trinity Securities reiterated the importance of AMC business due to the increased NPL in the future, which would result in the company being able to purchase NPLs at a lower price. Meanwhile, Trinity chose JMT as a top pick among its peers due to its high volume of unsecured debt and the revenue recognition can be done by the EIR procedure as normal.
