Stocks in the news (bafs, bem, gpsc, ingrs, jasif, kbank) 22.11.19
BAFS: rpt 91% completion of 367km 2nd phase North pipeline pj frm Pichit to Lampang, t/g to run total 576km Ayutthaya-Lampang by 2Q20, eyes 7% jet fuel sales vol grwth nxt yr.
Comment: This pipeline is going to reap major benefits from BAFS when completed…
BEM: to cod 8 MRT stations (Taopoon-Thapra) on Dec, t/g avg blue line ridership/day topped 500k by eoy frm crrnt 480k pax.
Comment: I’ve taken all the lines and the Blue Line numbers, I think, are just going to continue growing and growing
GPSC: rpt no damage on 1,285mw Xayaburi pp, 64.5mw Namlik 1 pp & 152mw Houay Ho pp frm Laos quake y’day. GPSC holds 25% in XPCL, 40% in NL1, 67.25% in HH.
INGRS: gets approval from authority to est auto parts production plant in Indon.
JASIF: 2.5b new units from RO 2.2:1 at Bt 9 apiece, tradable today.
KBANK: will launch fin services via Line app mid-FY20, aiming to reach out to 44m users out of 70m population.