BEC World Likely Still Profitable Despite TV Industry's Downcycle -- Market Talk

Dow Jones

Jun 30, 2025

0259 GMT - BEC World is likely still profitable despite the downcycle of Thailand's TV industry, Thanachart Securities' Rata Limsuthiwanpoom says in a research report. The brokerage raises its 2025-2027 earnings forecasts for the media conglomerate by 51%-110% from a very low base to reflect BEC World's business restructuring, improving events, and artist management business. It upgrades the stock's rating to buy from sell following the recent sharp share-price correction that brought the company near breakup value of THB1.90 a share. However, BEC World's longer-term TV outlook appears more bearish, says the brokerage, which lowers the target price to THB2.50 from THB2.90. Shares last closed at THB1.79. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

June 29, 2025 22:59 ET (02:59 GMT)

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The brokerage raises its 2025-2027 earnings forecasts for the media conglomerate by 51%-110% from a very low base to reflect BEC World's business restructuring, improving events, and artist management business. It upgrades the stock's rating to buy from sell following the recent sharp share-price correction that brought the company near breakup value of THB1.90 a share. However, BEC World's longer-term TV outlook appears more bearish, says the brokerage, which lowers the target price to THB2.50 from THB2.90. Shares last closed at THB1.79. 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The brokerage raises its 2025-2027 earnings forecasts for the media conglomerate by 51%-110% from a very low base to reflect BEC World's business restructuring, improving events, and artist management business. It upgrades the stock's rating to buy from sell following the recent sharp share-price correction that brought the company near breakup value of THB1.90 a share. However, BEC World's longer-term TV outlook appears more bearish, says the brokerage, which lowers the target price to THB2.50 from THB2.90. Shares last closed at THB1.79. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 29, 2025 22:59 ET (02:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TV","symbol_name":"墨西哥电视","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2547037044","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2547037044","pubTimestamp":1751252340,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0259 GMT - BEC World is likely still profitable despite the downcycle of Thailand's TV industry, Thanachart Securities' Rata Limsuthiwanpoom says in a research report. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TV":"墨西哥电视","BK4100":"有线和卫星"},"translate_title":"尽管电视行业处于下行周期，BEC World仍可能盈利——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TV":1},"content_text":"0259 GMT - BEC World is likely still profitable despite the downcycle of Thailand's TV industry, Thanachart Securities' Rata Limsuthiwanpoom says in a research report. The brokerage raises its 2025-2027 earnings forecasts for the media conglomerate by 51%-110% from a very low base to reflect BEC World's business restructuring, improving events, and artist management business. It upgrades the stock's rating to buy from sell following the recent sharp share-price correction that brought the company near breakup value of THB1.90 a share. However, BEC World's longer-term TV outlook appears more bearish, says the brokerage, which lowers the target price to THB2.50 from THB2.90. Shares last closed at THB1.79. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 29, 2025 22:59 ET (02:59 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}