Stocks in the news (bch, dtac, kerry, lpn, nwr, ocean, ptt, pttor, shr, ttcl) 17.01.20
BCH expects recent change to SSO payment scheme to boost revenue by 7-10%, confident of keeping #1 spot for SSO patient scheme with 880K members.
Comment: It was a major risk for a short time, but now with this settled, these government reliant hospitals
DTAC CEO, Alexandra Reich, resigns, effective February 1, Telenor Myanmar chief, Sharad Mahrotra, was named as successor.
Comment: This has had tongues waggling this morning…disagreements over the 5G strategy?
Kerry Express Thai mulls IPOs, expecting to raise Bt6.058b, to boost e-commerce and on-line shopping business.
Comment: A boon for VGI when it occurs
LPN launches sales campaign on 24 projects from now until end January.
NWR expects 50% revenue growth from Bt25b backlog pending to realize, mulls to bid additional infra projects combined worth Bt20b, will finalize tin mine projects in Myanmar this year
OCEAN upbeats FY20 earnings from surged demand for palm oil from government promotion of B10 fuel to reduce pollution, target 10-15% revenue growth this year.
PTT sets 5-year capex at Bt180b, adding value in LNG and new business.
PTTOR, a retail unit of PTT, to file for listing in March.
Comment: A bidder for TESCO assets despite the PTT Group saying no?
SHR target 60% revenue growth from full year contribution of 2 hotels in Maldives including Hard Rock hotel and Curio SAii Lagoon by Hilton, total 380 rooms, allots Bt6b budget for M&A, target 80 hotels in portfolio by FY25 from current 39 property.
Comment: A lot of question marks regarding this family’s ability to perform.
TTCL secures Bt500m oil & gas terminal construction in Yangkung Myanmar.