Stocks in the news (ah, aot, cpn, ptt, super) 27.03.20
AH’s confident of profitability this year, on lack of provision and impairment loss, sees solid 1Q with limited impact from covid-19.
Comment: Funny things in their accounts
AOT reports 9,797 flights cancellation in March, passengers drops by 3m yoy, expects more in 2Q from more lockdown measures worldwide.
Comment: I still think its the best time to fly, if you can find a plane…
CPN waives rental fees for tenants affected by govt lockdown measures to stem Covid-19.
Comment: Finally, last mall player to do so
PTT’s F&B unit, Café Amazon, temporary shutdown 73 to support government measures to stem the virus.
SUPER sets Bt14.6b for 4 solar farms in Vietnam with 750MW capacity, COD by December 20, with Bt2b rev p.a., while Bt3b to come from 421MW windfarms, boosting next year revenue to >Bt10b, from Bt6,864m expected this year.
Comment: They appear to be on stronger footing.
Labour Minister reinstated that employers that temporary shutdown must pay 75% of mthly salary to workers under Labor protection legislative.
Comment: Well the government says this, and then provides effectively NOTHING to support SMEs. !@#!@#!@