Stocks in the news (aav, centel, chao, tkn, sflex, sky) 17.04.25
AAV: launches new route: Phuket-Medan, Indonesia, offering 4 weekly flights connecting world largest volcanic crater lake and beach town.
Comment: Medan is the smuggling capital of Indonesia. I don’t see why it’s a connection point other than to placate a few wealthy folks (or could it be for labour?) why do I think this? Having been there and seeing poverty throughout the city, aside from a few housing communities where the Ferrari owners just race around their complex as the infrastructure outside is non-existent – granted this was 10 years ago maybe things have changed
CENTEL: expects positive OCC momentum carry on from Songkran festive as Centara Grand Osaka welcome travellers for World Expo 2025 event from Apr 13 till Oct 13.
CHAO: TKN raised holding by 0.059% to 4.7626% on Apr 11, becomes 3rd largest holder of the company.
Comment: In play?
SFLEX: BTS cuts holding by 0.0822% to 4.9863% on Apr 10.
SKY: local fund, BBLAM, cuts holding by 0.1319% to 4.911% on Apr 10.
Comment: BBLAM supports crony capitalism!!!! Now I’ve been told that as a result of the STARK issue, BBLAM is no longer around to do block trades to exit their positions and this is killing the share prices of names that they’re in as they are just selling in the market…thereby capping upside everywhere, one may have to pay attention to when this may change….