Stocks in the news (amata, banpu, dcc, dif, gulf) 30.08.19
AMATA m/t 380 acres land sales t/g aft sold 120 acres 1H19, 70% of Bt3.75b backlog to transfer in 2H, in talk to sell IE land sales to CN and JPN clients combined 400 acres, allots Bt4b to add land bank.
Comment: I’m just waiting to see this actually happen…
BANPU announced stock buy back 385m shrs (7.5% of total issued shrs) under Bt5b budget, from Sept 13 till Mar 10, 2020, pays Bt0.35 dps XD Sept 11.
Comment: I do wonder if there will be a trade in BANPU sometime
DCC to tender for 93.84% of RCI at Bt4 for a total of Bt2.315b and delist RCI.
Comment: It’s been coming for a while…nothing new here.
DIF new units to become tradable from Sept 2.
GULF sees strong 2H, meeting Bt30b FY19 rev t/g, sets Bt50b capex for 2 IPP with 5,000MW capacity.
Comment: Their share price is just mindboggling!!!