Stocks in the news (awc, bjchi, or, warrix) 21.10.22
AWC accepted transfer of leasehold rights of Bt4,205m Gateway Ekamai Project from its subsidiary, with plan to develop it into a fully functioning shopping center.
Comment: Another private asset of the family are being monetised into the plc.
BJCHI secures 2 contracts from Santos for projects in AU, involving supply and provide fabrication of wellhead skids worth Bt980m.
Comment: Is it time for this fabricator to perform well again? Haven’t looked at them since 2013/2014.
OR in collab with GWM to install EV charger under EV Station PluZ I GWM brand for commercial outside service stations, with pilot station ready in 4Q.
WARRIX, a sport apparel co, submitted filing to sell 180m share IPO and listed on MAI.
Comment: A decent company, their sporting goods target low-mid income earnings in the country. Could consider this the MCJeans of the sports wear for Thailand.