Stocks in the news (advanc, bbl, pttep, scgp) 08.08.24
ADVANC keeps 13-15% revenue growth target this year, 14-16% EBITDA, emphasizing on efficiency amid economic uncertainty.
Comment: That’s not a disappointment…they’re going to destroy us (lowly consumers)
BBL’s exploring virtual banking opportunities as it transitions to digital banking services in response to changing customer behavior. VGI, a unit of BTS Group, indicated its interest in the license, given that BBL has strong relationship with BTS, most likely BBL will partner with VGI in bidding for the license.
Comment: Which one of the two has the necessary system to demonstrate to the BOT that they can operate a digital bank?
PTTEP expects 3Q petroleum sales volume marginally lower qoq to 484k boepd from planned maintain shutdown project in Gulf of Thailand , maintain FY daily average sales at 501k boepd.
Comment: volume sales isn’t a issue…they could increase capacity by +20% and they’ll still sell it all…
SCGP keeps >10% revenue growth target, as capacity tracks demand recovery, M&P recognition and medical supply segment.