0719 GMT - Sansiri's 2026 property presales are likely on track, CGS International's Pornthipa Rayabsangduan says in a research report. The Thai company keeps its new launch target for 2026 at 33 projects, but brings forward the launch of seven projects to 3Q from the initially planned 4Q, the analyst notes. The real-estate developer's presales in 2026 will probably meet the brokerage's forecast and its own target of 41 billion baht thanks to strong presales year to date. The brokerage also expects Sansiri's quarterly residential transfers to rise consecutively and 4Q to see the highest transfers for 2026. It raises the stock's target price to 1.61 baht from 1.59 baht with an unchanged add rating. Shares are unchanged at 1.52 baht.
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