Stocks in the news (bbik, chayo, gunkul, smd, tm, tqm, wp) 16.09.21
BBIK: Bluebik Group, online business consulting, big data & advanced analytics, digital solutions debuts today, 25m share at Bt18 apiece, Yuanta leads.
Comment: And that was a great first day for this thai “Tech” name. Have a look around the market and the valuations these guys are now trading at, not nasdaq level though…or yet….?
CHAYO canceled cash & stock dividend on an upcoming XD on September 30 (Bt0.0018519 & 30:1 share) to avoid confusion as exercise date of CHAYO-W1 & CHAYO-W2 and XD date falls on the same day.
Comment: Odd that the company hasn’t a new date for the XD….the official statement on the SET was “to cancel the interim dividend payment either in common stock and cash or cash. In this regard, the Company will consider the interim dividend payment made in common stock dividend and cash as seems appropriate in the future.”
GUNKUL teams up SCB to launch online one-stop solar equipment & installation services, target Bt100m revenue from e-commerce by end of year.
NEX signed EV bus purchasing agreement with Lotte rent-a-car (TH) to supply 87 vehicles, firms on 500 units FY21 sales volume target.
SMD & TM expected to recover windfall from surging ATK order from corporate tax incentive offering to companies purchase antigen test kits, Tabloid.
Comment: And then in 3-6 months this windfall is gone?
TQM tap in P-loan business & insurance premium installment service, aims to capitalize on existing 3m insurance brokerage clients, target cod 4Q under brand Easy Landing, eyes Bt1.5b loan book next year.
Comment: Everyone wants to get into the loan business in Thailand…
WP maintained 700kt full year LPG sales volume target after logged 450kt 8M21, mulls tapping in solar rooftop business, aims to secure 20mw PPA next year.