Stocks in the news (aot, advanc, cpaxt, rbf) 06.02.24
AOT sets Bt6.66b to revamp 3 airports transferred from Department of Airport including Buriram, Krabi & U-don-Thani, will officially operate from 3Q24 (Apr-Jun).
Comment: You won’t recognise these airports after they’re done. I’ve seen the improvements in some of the recently done airports, it’s just great.
ADVANC is in talks with OR and a digital platform provider on a potential partnership to apply for a virtual bank license from the BOT.
Comment: YAWN! BOT let’s get some real players…you’re just letting the oligarchs get larger and larger. And they’ve been absolutely shit at ensuring their slaves/employees make enough $ to be better customers.
CPAXT’s upbeat 1Q earnings from positive SSSG, supported by consumer spending ahead of CNY, tailwind from easy e-receipt tax rebate stimulus, mulls adding 8-10 Makro branches this year, upgrade online channel & mobile app to expand HORECA segment coverage.
Comment: Low base effects? How about they answer this q….how much cashflow does Makro & lotus make to pay off their outstanding debt? Or is cashflow only enough to pay off the interest?
RBF sets 10-15% revenue growth target this year, on oversea sales, especially India, to boost existing and new products sales, while new Ayudhaya plant to COD in 3Q24.
Comment: Perhaps all the noise regarding cannabis has finally left the stock.