Stocks in the news (aai, advanc, com7, poly, stark) 16.11.22
AAI: local fund, KSAM, raised holding by 0.0951% to 5.0384% of total outstanding on Mon (Nov 14).
Comment: Need to spend more time looking into this name, but it’s been the key driver for ASIAN
ADVANC to proceed with TTTBB, JASIF investments, said its board, t/g to boost its BB subs base to 4.4m from 2 currently.
Comment: Et voila….no issues.
COM7 mulls adding 150 mobile & IT stores next year from current 166 branches, aims to open 10 healthcare venture stores with BDMS (Dr.Pharma), eyes 20% revenue growth target.
Comment: Depending upon the structure of the pharma stores, this could be a massive money printer for COM7. Soon the entire population of bangkok will be popping pills whilst buying their iphones…
POLY: rubber, silicone & plastic parts producers serving auto, med devices, home appliances and consumer products, Polynet, debuts IPO 120m shares at Bt6.8 apiece, KGI leads.
Comment: Well that was a useless pump…
STARK sees solid growth in 4Q, supported by >Bt10b backlog, while eyeing new bids in TH and Vietnam and high margin products, firms on >Bt30b revenue this year, vs Bt27.1b last year.
Comment: If it drops to 2 then it become’s stupidly attractive…now meh…they are an effective monopoly…
peter satrapa-binder
@ POLY being a useless pump: it seems that the market sees it the same way too – judging from the current share price development.
Pon
investors decided that i’m a fool and pumped it today.
peter satrapa-binder
i too saw that in the afternoon of thew same day i had written my comment – and tiday too! 🙂 so. it had been a pump with delay.