Stocks in the news (aot, bgrim, cpf, robins, sawad, tpch, true) 06.01.20
AOT installs thermoscan across operating airports in the light of a respiratory illness outbreak in the Chinese region.
Comment: Looks like a trade opp
BGRIM to wrap up 7 SPP deals with 980MW capacity within 1Q20 to capitalize on strong THB.
Comment: And this my new cookie munster!
CPF sees solid 1Q from strong swine selling prx in VN nearly VND 100k/kg, expects margins remain healthy from low feedmill costs as soymeal prx drops.
Comment: Better plays outside of Thailand, net impact to CPF isn’t high given that the majority of the profits from the holding in CPALL
ROBINS launches “Robinson Make Your Dreams Come True” campaign, offering up to 70% discount to both in store and online, hoping to boost traffic by 20%.
Comment: Central group continue to clear up inventory for the IPO
SAWAD t/g full yr loan growth >20%, will add 300 branches upcountry to expand network, will sell Bt2-3b CD to refinance and revamp branches.
TPCH in talk to buy 10mw community waste pp, expects to wrap up w/in 1H.
Comment: Just a continuation of their long term strategy.
TRUE’s the 1st to get 5G bidding documents, scheduling for Feb 16, 2020.
Comment: Yay bidding war #1,000,000