Stocks in the news (ah, mono, or, nl, stgt, thg, true) 27.11.24
AH’s board approved acquisition of the remaining 50% in venture auto part co., AAPICO Sodecia (TH) no exceeding Bt110m.
MONO is under cash balance, cash upfront trade, from today Nov 27 until Dec 17, after jumping 22% yesterday.
Comment: The story is that due to JAS winning the EPL rights, means that MONO is going to make a small fortune showing it…
OR reaffirms 4Q turnaround after hurt by Bt552m impairment loss from closure of Texas Chicken, higher fuels sales volume on seasonal demand, absence of inventory losses and higher GP/ltr.
Comment: OR is learning that running an F&B enterprise isn’t as easy as the consultants say.
NL wins construction contract to build cancer & radiation therapy center for Suranaree University of Technology.
STGT sees meaningful turnaround in 4Q from recovery rubber gloves sales volume, 5% price hike and lower raw mat cost and improved THB revenue from weak currency, expects windfall from US-China trade tension after Trump takes the office in Jan.
Comment: One of those covid plays that punters loved, followed by the covid hangover as demand dried up and now back to “trend” growth
SET president said fraud case involving Boon Vanasin, founder and former CEO of THG, doesn’t involve THG
Comment: As a friend said, this is WILDDDDD, apparently all the cars at his house are gone
TRUE said losing EPL broadcast rights would have minimum, impact, kept FY25 NP target on a normalised basis, after reporting improved EBITDA in 3Q to Bt646m, +2.7% qoq.
Comment: Reduced quality of services, higher fees to users, more cash in True’s pockets.