Stocks in the news (bay, gulf, rcl, rjh, stx) 26.04.24
BAY’s ready to cut MRR by 25bps to help vulnerable groups, sees limited impact if BOT to cut policy rate at next meeting, as it has balanced lending structure, and firms on 3-5% loan growth target this year.
Comment: Awww that’s so sweet of the banks…they’re going to help..
GULF clarified that it has no plans to take over KBANK, after having acquired 20.52m shares of KBANK (0.87%), saying it’s solely eyeing investment gains.
Comment: They need to speculate to make cash in order to invest into all those power projects that they’ve won.
RCL: board approved purchase 2 new build TEUs vessels for Bt4.21b, expected delivery by Nov & Dec 2027.
Comment: Wait until the next crisis for this name to move…
RJH: FIL ltd raised holding by 0.0191% to 5.0154% on Apr 22.
Comment: Ok…..I presume that there was a block w/ thonburi healthcare group.
STX: industrial stone, granite & dolomite producer, Stone One, debut IPO 65m shares at Bt3 apiece, IV Global leads.
Comment: IV Global needs to learn how to do an IPO pump.