Stocks in the news (aot, bcpg, cpall, inet, major, smd) 17.06.21
AOT mulls proposing cabinet proposal for Bt15.8b Chiang Mai passenger terminal expansion phase 1 next year, target cod mid-FY25.
Comment: Mulls proposing? Just propose. Regardless, this is a positive, the airport terminal there is woefully overcapacity during normal periods.
BCPG and Mitsubishi Corp will jointly develop 600mw onshore wind farm projects in Laos, power to supply to state-run Vietnam electricity for 25 years.
CPALL reports 7 series of CD total Bt66b sold out, will use proceed to refinance Tesco deal, expand 7-11 branches in Cambodia & Laos, revamp online platform (ALL Online, 7-11 Delivery, 24 Shopping).
Comment: Et voila, money is cheap, they’ll keep trying to shove the debt from foreign creditors to local insti’s
INET board approved estimate of Bt5b Data Center REIT (IDCREIT), aims to expand capacity to fill demand for cloud services.
Comment: Who else can do this? Charoen has one, ILINK Group co’s have one.
MAJOR: GIC cuts holding by 0.1222% to 4.9182% of total outstanding on June 14.
SMD: med supplies distributor, Saintmed, debut IPO 54m shares at Bt7.2 apiece, Capital One & GBX lead underwriter.
Comment: BOOM, small cap, small float, great pop.