Stocks in the news (ba, bjc, tidlor, itc, kex, siri, stec, thcom) 14.06.24
BA mulls adding >20 new planes, including A220 and B737 MAX7, taking total to >30 by 2029, preparing for rises in Samui traffic from 50 to 73 flights, with Bt1,500m capex to upgrade Samui airport.
Comment: Are they getting these deathtraps for free?
BJC-TIDLOR-ITC are among top candidate to be added in SET50 for 2H24 while BJC-BA-MBK-CKP-JAS-QH-SKY-PRM-TIPH having a good chance to be add on SET100 effective Jul 1, Tabloid.
Comment: Fun times ahead…
KEX announced cash call via RO up to 2.812b shares, 0.6196 to 1 @ Bt3.2 apiece, will split Bt9b proceed for working cap Bt5.76b and refinance Bt3.24b maturing debts during FY24/25.
Comment: Buy post RO?
SIRI reported 5M24 condo sales topped Bt7.3b, maintain Bt21b FY target, 14 ongoing project total Bt15.7b scheduled to transfer this year.
STEC in talks overseas partner to develop data center to diversify earnings from construction revenue, sees more power plant project on the pipeline on infra expansion.
THCOM’s unlikely to take part in the planned auction of the 50.5 East, 51 E and 142 E orbital slots, to take place btw Aug 23-Sept 27, said GULF executive.