Stocks in the news (ace, emc, ori, scb, snnp) 04.09.24
ACE will cod 21 solar farm combined 47mw by end of year, firms on plan participate bidding for 3,600mw renewable ppa under new power development plan (PDP).
Comment: Ticks some boxes for the woke ESG crowd, makes the family wealthy at the cost of businesses and the tax payer.
EMC in collab with eTreego, a leading EV fast charger operator, to expand super-fast charge 120-360kw stations here both private and govt venues.
ORI reported foreign quota of 2 newly launched project (So Origin Kata Phuket & Origin Place Center Phuket) combined worth Bt1b sold out before official pre-sales kick-off on Sept 28-29.
SCB keeps Bt120b FY loan book target, seeks to expand proportion of green loan in portfolio, has yet noticed NPL from renewable loans, eyes Bt150b target next year.
Comment: Because renewable projects are backed by the government.
SNNP sees continued growth in 2H from tweaked digital wallet that will distribute cash instead to fragile group who hold govt welfare cards, two new products launched this month to boost sales, firms on 10% rev growth target this year.
Comment: Every consumer player is begging for the fiscal stimulus to come through…