Turnaround in 3Q13 — CKP will post a turnaround in 3Q13 net profit to Bt170mn, driven by revenues from Nam Ngum 2 hydropower plant. The company expects net profit for the year to exceed Bt370mn. (Khao Hoon, 28/10/13)
Comment: Still an expensive entity.
Plans to go abroad to produce Asian food — CPF aims to set up factories to produce food for Asians in Europe and the U.S. It plans to set up factories in Belgium, England and the U.S. at an investment cost of Bt2-3bn. It also plans to buy distributors and eventually list on the U.S. stock exchange. (ASTV Manger, 28/10/13)
CEO expects it to exceed IPO price on first day of trade — Wichit Techakasem, CEO, believes FVC will trade above its IPO price of Bt1.2 per share when it begins trading on October 29, in response to its good fundamentals and the solidity of the food and beverage industry. (ASTV Manager, 28/10/13) Continue reading Stocks in the news (ckp, cpf, fvc, gunkul, jubile, rs) 28.10.13