Stocks in the news (age, aot, gfpt, gunkul, ner) 05.04.21
AGE sets 5.5m tons coal sales target this year, boosting rev to Bt11b, sets Bt280m capex to expand logistics.
Comment: Oh hello high coal prices and inventory gains. Think I’ve been banging on about this for 6 months.
AOT expects 370K passengers thru Suvarnabhumi airports during 10 days around Songkran, +10% yoy, with flights increasing by 30% to 2,758, with BA seeking the most increased in special and chartered flight.
Comment: Yawn zzz, overpriced, but no competition for an airport play in Thailand.
GFPT sees 5% revenue rise this year, sets Bt1-1.2b capex for new slaughterhouse, boosting capacity by 150K/day.
Comment: Chicken prices may finally run and they have the new line coming on soon.
GUNKUL sets Bt20b revenue target in 2026, boosting market caps to Bt60b and a place in the SET50, with plan to spin-off its EPC business and list on SET.
NER’s set to raise rubber sales and revenue target this year up after board meeting on May 10, having secured 2 new long term contracts with clients in India and SG