Stock in the news (ind, inset, sgf, stark, tqm, tm, xo) 22.12.20
IND: engineering consultancy firm, turnkey service for infra, power plant, commercial, industrial and residential development, Index International Group, debut today, 90m shares at Bt1.1 apiece.
Comment: Lets see if this name still pops.
INSET wins mobile phone station upgraded, green field and repeater installation for TRUE total Bt250m.
SGF anticipates meaningful turnaround 4Q from improved debt collection post reopening, lower COF yoy, higher new loans from HP, auto loans, factoring and mortgage, current 0.35x D/E offers room for growth.
STARK’s board approved change of par value from Bt0.50 to Bt1.00, offers STARK-W1 at 3 : 1 W free, exercisable at Bt5, XW December 30. Tabloid reports GIC is interested in taking a stake.
Comment: There’s a lot of funny things happening here.
TQM reports 4k Covid insurance policies sold in 1 day following fresh outbreak, will wrap up 1 M&A 1Q21, targeting 15% revenue growth next year above Bt17b.
Comment: And remember they don’t take the risk of the payout, that risk belongs to the insurance firms whose products they broker.
TM’s restocking sanitizer gel & face masks to accommodate rising demand on fresh round of Covid, adds online channel to boost sales, firms on Bt650m FY20 revenue target.BH: BDMS purged entire holding 11.3369% of total outstanding on Friday December 18.
XO’s firm on 10-15% revenue growth next year, and NP growth to 20-25% yoy, plans boosting high margin products by investing in listing fee in Europe and China.
Comment: Been rather impressed by their achievements, but never met the firm…