Stocks in the news (advanc, bdms, gfc, prapat, sappe, tkn) 13.09.23
ADVANC rolls out iPhone 15 bundle package to boost ARPU, mulls expanding 5G coverage after obtained 700 MHz from NT lifts capacity from 2 x 15MHz to 2 x 20MHz, aims to boost marketshare up country.
Comment: And every isheep shall proclaim how USB-C is the greatest gift to mankind and the rest of us will sit there and go “welcome to normality”
BDMS’s foreign headroom has now increased to 940m shares available, from 146m shares yesterday, after the company raised foreign ownership limit from 25% to 30%.
GFC: fertility clinic, Genesis Fertility Center, debut IPO 60m shares at Bt7 apiece, Globlex leads.
Comment: Sounds like a no brainer pump
PRAPAT expects windfall from government visa waiver to CH tourists, ramps up cleaning chemical production & sanitation products to capture demand from increase travelers.
Comment: Not sure how/why a bunch of triad members coming to Thailand will boost sanitation products but ok.
SAPPE sees solid 3Q on rising sales both domestic and abroad, target double digit growth in 4Q, on track to 30-35% revenue growth target.
TKN revised up FY23 sales growth to 20% from 15% prior thanks to positive surprised local & overseas seaweed snacks sales, price hike in some countries, mulls tapping in EU & S.KR market.
Comment: This has been well-telegraphed. Seems that the company has improved since hiring a professional management team