Stocks in the news (aot, auct, awc, chao, kbank, ttb) 23.04.25
AOT will start the search for a new CEO as incumbent Kerati Kijmanawat has submitted his resignation, effective April 24, citing personal reasons.
Comment: Mr. T & friends want their folks in charge so they can handle kickbacks…I mean .. this is what a little birdy said .. I mean .. I am of the viewpoint that any future CEO of AOT will be held to the highest quality of governance.
AUCT anticipates vehicles traffic thru auction yard stay at high level same as last year driven by repossessed vehicles from hire-purchase, growth from auto title loan over the past 3-4 yrs potentially boost traffic in the future, newly
Comment: The only issue I’ve heard here is that they’re getting most of their vehicles from Krungsri which is at a higher price than the comp in the market and this is why their volumes aren’t growing as quickly as they should be. However as the market leader AUCT still has the ability to increase fees, should they wish to.
AWC pays Bt0.075 dps, translated to 3.37% yield from previous close at Bt2.22, XD May 8.
CHAO in collab with leading distributors in EU and UK, with first shipment to England in 2Q25, target becoming a global brand to mitigate risk from US tariffs.
Comment: With the assistance of TKN?
KBANK cuts this year GDP forecast to 1.4% from 2.4% earlier, may result is negative loan growth, while seeing growth in other investments, yet in cautious and wait & see strategy.
Comment: This tariff nonsense is giving every organisation the cover to say “well this is why things are bad”
TTB initiated stress tests to gauge risk & potential impacts of US tariffs on TH exports to help assess impact on customers & loan portfolio and prepare appropriate mitigation strategies.
refurbished 40 acres auction yard to complete by end of Aug enable co., to support wider range of products (car, motorbike, Agri machinery, wrecked vehicle), will upgrade online channel to expand coverage.
PM ordered a revision of visa-free entry scheme after number of visitors overstaying & working illegally in the country of which some visa-free visitors illegally run tourism firms, restaurant and even hotels.
Comment: Are you saying that the Chinese & Indians aren’t following the rules?