Stocks in the news (aot, princ, tacc, tm) 23.09.22
AOT reported airport slots exceeded 85% of capacity for an upcoming holiday season, expects arrivals jump as entry curbs eased.
Comment: And just look, Hong Kong is being used as the testing bed for China to reduce quarantines, then we have Japan fully opening up, this region is going to start flying like mad for the next 6 months.
PRINC, through Principle Healthcare, increased stake in Pitsanuvej by 25% or Bt1,025m to 80%.
Comment: He’s utilising his balance sheet well to become the next bdms.
TACC m/t 10% FY revenue growth target from positive sales momentum of press beverage products & All Café at 7-11, improved traffic thru stand alone café, seeks M&A to capitalize opportunity from low gearing at 0.43x FY22 D/E.
TM sees growth momentum into 3Q as reopening boosted demand for med services, disposable equipment, online health supplements sales, taking revenue this year to new high at Bt700-750m, while the Parents Nursing Home to partial open in 4Q and fully in 2024.