Stocks in the news (advanc, jkn, thcom, zen) 11.11.20
ADVANC to accept bookings for iPhone 12 on November 20 and official launch on November 27, hoping to boost 5G subs to 1m next year.
Comment: Looks like the 30,000 baht scheme from the government will go into Apple’s pockets…
JKN will move from MAI to SET from Nov 12, 2020.
Comment: I wouldn’t be surprised in a few years from now that the SEC announces something about JKN’s share price movements.
THCOM said will not set aside provision for Thaicom 5 dispute, as it could take up to 2 years to clear, in talks with 3 potential partners for lower orbit satellites.
ZEN sees 4Q earnings boosted by seasonal, for Bt2.3-2.5b FY20 sales, sets Bt3b for next year, a 40% growth, with Bt220m investment capex.
Comment: Your second favourite restaurant is gone, players like ZEN will take that real estate location (if decent) and place one of their brands there.