Stocks in the news (bcp, maguro, mint, shr) 08.07.24
BCP: SSO raised holding by 0.1418% to 15.0493% on Jul 2.
MAGURO mulls adding 11 branches in 2H aft opened 3 outlets early this year, targets key cities to capture int’l travelers.
Comment: Let’s see if MAGURO becomes a decent ZEN play part 2
MINT reported Bt8b sustainability-linked bonds, paying 3.24% & 3.5% on 5 & 10 year debentures completely sold out, will use proceed to refinance existing debt, optimize financial leverage level, improve financial metrics.
Comment: Sustainbility bonds…I MEAN FFS…..hotels use a stupid amount of power & water at the cost to citizens where they operate, but fine they’re sustainable…good for MINT – lower costs and number go up.
SHR forms strategic alliance with Ascott to strengthen portfolio in UK, broaden collab in other countries.
Comment: I don’t understand that’s going on w/ the share price…should be far higher than where it is today.
BYD will acquires a 20% stake in Thailand distributor, Rever Automotive, to raise competition in TH EV market.
Comment: Curious to see how this turns out..