Stocks in the news (bch, ichi, ilm, or, sabuy) 25.08.23
BCH’s firm on Bt13b revenue target this year, helped by solid 3Q on seasonal.
ICHI sees record sale streak extended in 3Q on higher green tea sales both domestic and abroad, to introduce new Tan San Su favors and expand OEM, raised sale target growth to 20% to Bt7.6b, from Bt7.3b.
Comment: One of their drinks appears to be very popular upcountry to mix with either alcohol and/or cannabis. Who would’ve thought a drink of ICHI’s would be a great mixer.
ILM to open Little Walk Krungthep Kreetha in 3Q, boosting rental space by 5K sqm, renovation at Pattaya mall to start soon, after completing Phuket’s, mulls 2 new Index Living Malls next year.
OR mulls M&A deals in F&B and health/wellness, firms on 2H earnings on government formation, boosting economy and tourism, mulls listing of Ohkajhu.
Comment: It is impressive to see how well OR has done in its non-oil businesses.
SABUY, via Sabuy Solution or SBS, to operate 200 food courts payment system at Lotus, introducing cashier-less payment at Lotus’s Eatery in True Digital Park, target operating 500 food courts in 2-3 years.
Comment: I have zero trust in anything they say.