Stocks in the news (banpu, jubile, pttep, hana, hmpro, or, scgp, rs) 24.05.21
BANPU sees solid 2Q21 on rising coal price to >$100/ton, while cutting costs in coal mines in Australia and Indonesia.
Comment: And AGE and LANNA have benefited as well.
JUBILE keeps 10% revenue growth target this year, on solid 1Q which showed a 11% growth, with plans to expand branches and promo in 2H to boost sales.
Comment: All that international spending is kept in Thailand….
PTTEP signed JV Malaysia partner Aerodyne & Digital Creation to estimate , AeroSky, to expand drone-based enterprise solutions, infra inspection and monitoring, target telecom, electricity, Oil & Gas clients.
HANA reaffirms solid 2Q from healthy demand for semi-conductor, secured copper for 3Q productions, will branch out to EV to boost growth.
HMPRO sees April’s SSSG +50% yoy from low base last year on absence of lockdown, higher sales from e-commerce & B2B, wider margins from lower SG&A and house brand products, expect Malaysia branch breakeven by end of year.
Comment: Every figure is going to look wildly amazing in 2Q.
OR and SCGP to be added to FTSE Large Cap at close June 18, KEX to FTSE Small Cap, and JR, NEX, NRF, RT, SA, and SO to Micro Cap.
Comment: It’s going to be a mixed week of trading.
RS launches ready mix collagen, Well U, and Camu C functional drink at 7-11 and online, will roll out pet foods in 3Q.
Comment: These guys switch things up incredibly well.