Stocks in the news (awc, br, sabuy, kkp, ptg, snnp) 02.11.23
AWC: cod 383 guest rooms, 10 meeting rooms, 6.2k sq.m event space, Chiang Mai Marriot Hotel, Night Bazaar district, target MICE & leisure travelers.
BR sees >10% revenue growth momentum into next year, on exports to EU, JP, Aus and Saudi.
GEM Global Yield, a US Fund, target 19.9% stake in SABUY, worth Bt1,750m, after securing 20.58m in 1st lot, said interested model, not to management.
Comment: I have no idea where the broker got this news from, but it sounds rubbish. this GEM has a 1% stake in SABUY atm….and….I just do not trust this company…
KKP cuts loan growth target to 6-7% from 10% previous, on stricter retail loan approval to control asset quality.
Comment: Well then…there goes consumer spending for the rest of the year.
PTG in talk partner to launch auto title loan & hire-purchase biz, aims to capitalize on 20m PT MAX Card subscribers, diversify earnings from retail fuel business, increase non-oil revenue, target cod 1H24.
Comment: I’ve been waiting to see what’s going to happen with this company. There’s so much they could do with their PT MAX card subscribers, and they should figure out a way to make an additional THB30/month/sub…
SAFE: fertility services, SAFE Fertility Group, debuts 76.75m shares at Bt21/share, Bualuang leads.
Comment: OOOooffffffffffffffffffffff, even this was dumped at the open, its now 20x PE for a fertility clinic play….
SNNP sees new record high rev in 4Q, on seasonal for snacks, to introduce 2 new flavors of Jele Chewy Jelly Ice.