Stocks in the news (asian, bri, erw, jts, bgt, ptg, siri) 20.04.22
ASIAN target 12% FY22 revenue growth target >Bt10.6b, supported by strong pet food sales, tailwind from frozen & pre-cooked meals, expects margin from HVA products able to offset higher tuna price & packaging costs.
BRI reported 1Q22 presales topped Bt2.4b account for 22% of Bt11b full year target, expects sales accelerate from 2Q driven by new launch projects Britania Amata-Phanthong, 2 SDH projects under jv Nomura real estate total Bt2.6b to kick-off in 2H, maintaining 10 launch plan this year.
ERW sees 1Q OCC at Hop-Inn budget hotel above 70%, expects to hold footing above this level till end of year from uptrend international tourists arrival.
Comment: That’s impressive for Hop-Inn. Everyone in the country is traveling to destinations, but no one is going to the office still.
JTS and BGT become the 1st two to be suspended from trading for one day today, as share price had continued to rise, while the co said no significant development that may have caused the unusual movements. BGT rose 132% since Mar 7, and JTS +321% YTD.
Comment: JTS’s market cap is 50% higher than PTTGC, makes perfect sense doesn’t it?
PTG joined forces with KTC to roll out integrated loyalty platform, to boost fuel refills at PT retail stations, non-oil revenue via F&B, auto maintenance services & lifestyle.
SIRI said to offer the lowest mortgage rate in the market at 2.2%, vs 2.6-3.97% industry average for new home.
Xavi
JTS is now worth more than Kasikorn, SCB, Bangkok Bank, Global Chemical just to name a few…lmao
Pon
funnymentals