Stocks in the news (bmcl, lpn, ppp, rml, tmb) – 04.02.13

BMCL

BMCL discussing with MTRA over OTM contract for Purple Line — BMCL will be negotiating with the government on OTM contract for the Purple Line, Bangsue–Taling Chan. If negotiations fail, the MRTA will manage the project itself. BMCL expects the number of passengers on its current lines to grow 17% from last year. (Tun Hoon, 04/02/13)

Comment: Stock has been on a tear, can’t see how this news is relevant to it, I suspect its the infrastructure fund play

LPN

LPN in venture with CPALL — LPN will launch a Bt2bn condo project in Udon Thani and develop a Bt200mn shopping centre in the border province through a joint venture with CP All. (Bangkok Post, 02/02/13)

Comment: A repeat of the same news announcement before, still great for both parties, especially lpn as it only helps to develop their communities 

Continue reading Stocks in the news (bmcl, lpn, ppp, rml, tmb) – 04.02.13