Stocks in the news (bem, hl, planet, scgp, tkc, trt, tta) 19.12.23
BEM & BTS: MRT & Skytrain to extend operating holders from 4am till 2am from current 5am till midnight during New Year season Dec 29 till Jan 2.
BEM: Department of Rail transport reported average Blue line MRT ridership during TH Red Cross bazaar Dec 8-17 hit all time high at 520k trips/d.
HL on track to reach 50 branches this year, with 350K members to drive growth, new products.
Comment: Well-run co, questions only on valuation at the moment
PLANET sees turnaround next year, sets 1,000 EV sales target, expanding charging bays and vehicle assembly.
Comment: Wait, wtf, now this company is selling EV cars? It’s a pump and dump scheme, stay away…
SCGP reported completion of 70% share acquisition of offset folding carton packaging manufacturer in Vietnam, Starprint Vietnam JSC. SPV will be SCGP’s first rigid boxes facility in ASEAN, aims to enhance packaging capability, enlarging customer base, reinforce chain integration across region.
TKC sets 10-15% revenue growth target next year, eyes Bt10b bids for new projects, adding to Bt3b existing backlog, with 50-60^ to realize next year.
TRT’s firm on Bt2.3b revenue target this year, and 20% growth next year, supported by Bt2b backlog, target Bt14.9b bids with 20% winning rate.
TTA to cod recently acquired O&G transport business, Titan Tanker (TTT), 7 petroleum tankers & 1 LPG carrier total capacity 30m ltr to begin services by eo-1Q24.
Comment: This company…..I want to buy it’s shares but I know the management is average at best, and they buy things at the top.