Jay Mart vs Telling Telecommunication: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Jay Mart Public Company Limited (JMART.BK)

Q3 202613 Aug – 27 Sep 2026

▲3

JMART swings to strong profit, sets 2bn baht 2028 goal, shifts to asset-light growth

Q2 profit surge and broker upgrade JMART's second-quarter profit jumped sharply from a year earlier, helped by fatter margins and more earnings from its partner businesses. A broker upgraded the stock to Buy and raised its target to 12.80 baht, saying the second half should keep improving.
This is the core new earnings news that re-rates the stock.
Group-wide recovery led by phone lending Almost every company in the group turned healthier, with phone-installment lending (Lock Phone) the main engine. JMART lends through its phone shops and partner networks, so more lending means more interest income and more phone sales at the same time.
Explains the underlying force behind the profit recovery, not just one quarter.
JUMP+ plan targets 2bn baht profit by 2028 Management laid out a plan to lift group profit to 2 billion baht by 2028, expecting a record year now. It also plans to list three subsidiaries on the stock exchange, which could unlock value for JMART shareholders.
Sets the medium-term profit target investors are now pricing in.
Stops new branches, cuts costs, but growth depends on partners JMART will stop opening new phone shops to cut rent and fixed costs, and instead sell through dealers and small stores. That should lift profit margins, but it also means growth now relies on partners performing, and the 2 billion baht goal is still years away.
The restructuring is the newest strategic shift and carries a real execution risk.

September 202613 Aug – 27 Sep 2026

▲3

JMART swings to strong profit, sets 2bn baht 2028 goal, shifts to asset-light growth

Q2 profit surge and broker upgrade JMART's second-quarter profit jumped sharply from a year earlier, helped by fatter margins and more earnings from its partner businesses. A broker upgraded the stock to Buy and raised its target to 12.80 baht, saying the second half should keep improving.
This is the core new earnings news that re-rates the stock.
Group-wide recovery led by phone lending Almost every company in the group turned healthier, with phone-installment lending (Lock Phone) the main engine. JMART lends through its phone shops and partner networks, so more lending means more interest income and more phone sales at the same time.
Explains the underlying force behind the profit recovery, not just one quarter.
JUMP+ plan targets 2bn baht profit by 2028 Management laid out a plan to lift group profit to 2 billion baht by 2028, expecting a record year now. It also plans to list three subsidiaries on the stock exchange, which could unlock value for JMART shareholders.
Sets the medium-term profit target investors are now pricing in.
Stops new branches, cuts costs, but growth depends on partners JMART will stop opening new phone shops to cut rent and fixed costs, and instead sell through dealers and small stores. That should lift profit margins, but it also means growth now relies on partners performing, and the 2 billion baht goal is still years away.
The restructuring is the newest strategic shift and carries a real execution risk.

Latest13 Aug – 27 Sep 2026

▲3

JMART swings to strong profit, sets 2bn baht 2028 goal, shifts to asset-light growth

Q2 profit surge and broker upgrade JMART's second-quarter profit jumped sharply from a year earlier, helped by fatter margins and more earnings from its partner businesses. A broker upgraded the stock to Buy and raised its target to 12.80 baht, saying the second half should keep improving.
This is the core new earnings news that re-rates the stock.
Group-wide recovery led by phone lending Almost every company in the group turned healthier, with phone-installment lending (Lock Phone) the main engine. JMART lends through its phone shops and partner networks, so more lending means more interest income and more phone sales at the same time.
Explains the underlying force behind the profit recovery, not just one quarter.
JUMP+ plan targets 2bn baht profit by 2028 Management laid out a plan to lift group profit to 2 billion baht by 2028, expecting a record year now. It also plans to list three subsidiaries on the stock exchange, which could unlock value for JMART shareholders.
Sets the medium-term profit target investors are now pricing in.
Stops new branches, cuts costs, but growth depends on partners JMART will stop opening new phone shops to cut rent and fixed costs, and instead sell through dealers and small stores. That should lift profit margins, but it also means growth now relies on partners performing, and the 2 billion baht goal is still years away.
The restructuring is the newest strategic shift and carries a real execution risk.

Telling Telecommunication Holding Co Ltd (000829.CS)

Q3 202629 Jul – 9 Oct 2026

▼2▲1

Telling Holding Swings to Profit, but Shareholder Troubles Loom

H1 2026 Turnaround to Profit Telling Holding reported first-half 2026 revenue of 57.99 billion yuan, up 25.18%, and net profit of 15.84 million yuan, reversing a year-ago loss. This is the core positive driver, showing the main business is recovering and supporting the share price.
The profit turnaround is the most important fundamental improvement for the company this period.
Shareholder Pledges 100% of Holdings Shareholder Henghua Zhisheng pledged all 17.52 million of its shares, signaling possible financial strain. While small in size, it raises governance worries and can weigh on investor confidence, pushing the stock down.
This highlights a real counterweight to the positive earnings news.
Failed Auction of 100 Million Shares A court-ordered auction of 100 million shares held by controlling-shareholder concert party Tianfujin failed to attract any bids. The shares remain frozen, pointing to weak demand and possible liquidity or governance problems that can pressure the stock.
The failed auction shows unresolved shareholder distress that can hurt the share price.
Judicial Auction Suspended, Uncertainty Remains The third auction of 9.63% of shares held by Tianfujin was suspended after a pledgee asked to delay disposal. The shares stay frozen, so the overhang is not cleared. This leaves uncertainty that can keep the stock under pressure.
The suspension removes an immediate sale but leaves the governance overhang unresolved.

September 202629 Jul – 9 Oct 2026

▼2▲1

Telling Holding Swings to Profit, but Shareholder Troubles Loom

H1 2026 Turnaround to Profit Telling Holding reported first-half 2026 revenue of 57.99 billion yuan, up 25.18%, and net profit of 15.84 million yuan, reversing a year-ago loss. This is the core positive driver, showing the main business is recovering and supporting the share price.
The profit turnaround is the most important fundamental improvement for the company this period.
Shareholder Pledges 100% of Holdings Shareholder Henghua Zhisheng pledged all 17.52 million of its shares, signaling possible financial strain. While small in size, it raises governance worries and can weigh on investor confidence, pushing the stock down.
This highlights a real counterweight to the positive earnings news.
Failed Auction of 100 Million Shares A court-ordered auction of 100 million shares held by controlling-shareholder concert party Tianfujin failed to attract any bids. The shares remain frozen, pointing to weak demand and possible liquidity or governance problems that can pressure the stock.
The failed auction shows unresolved shareholder distress that can hurt the share price.
Judicial Auction Suspended, Uncertainty Remains The third auction of 9.63% of shares held by Tianfujin was suspended after a pledgee asked to delay disposal. The shares stay frozen, so the overhang is not cleared. This leaves uncertainty that can keep the stock under pressure.
The suspension removes an immediate sale but leaves the governance overhang unresolved.

Latest29 Jul – 9 Oct 2026

▼2▲1

Telling Holding Swings to Profit, but Shareholder Troubles Loom

H1 2026 Turnaround to Profit Telling Holding reported first-half 2026 revenue of 57.99 billion yuan, up 25.18%, and net profit of 15.84 million yuan, reversing a year-ago loss. This is the core positive driver, showing the main business is recovering and supporting the share price.
The profit turnaround is the most important fundamental improvement for the company this period.
Shareholder Pledges 100% of Holdings Shareholder Henghua Zhisheng pledged all 17.52 million of its shares, signaling possible financial strain. While small in size, it raises governance worries and can weigh on investor confidence, pushing the stock down.
This highlights a real counterweight to the positive earnings news.
Failed Auction of 100 Million Shares A court-ordered auction of 100 million shares held by controlling-shareholder concert party Tianfujin failed to attract any bids. The shares remain frozen, pointing to weak demand and possible liquidity or governance problems that can pressure the stock.
The failed auction shows unresolved shareholder distress that can hurt the share price.
Judicial Auction Suspended, Uncertainty Remains The third auction of 9.63% of shares held by Tianfujin was suspended after a pledgee asked to delay disposal. The shares stay frozen, so the overhang is not cleared. This leaves uncertainty that can keep the stock under pressure.
The suspension removes an immediate sale but leaves the governance overhang unresolved.