Stocks in the news (bgrim, bwg, chow, dohome, nppg, glocon, ori, ratch, scn, teamg) 08.10.19
BGRIM submits filing for Bt6b subordinated debts, 5% yield during 1st 5 years for powerplants developments.
Comment: And they’ve continued expanding internationally…just keep watching the amount they’ll continue to win in VN
BWG upbeats 4Q earnings from 3 waste powerplants projects combined 16.4mw, additional 5mw to cod in 4Q, mulls to tap in waste management in EEC area.
Comment: Aside from the odd shareholders that existed in this company, their business is quite interesting.
CHOW CODs 7.21mw JPN solar projects, lifts total capacity to 67.12mw, reaffirms big jumps 4Q.
DOHOME sees recovery SSSG 4Q supported by government cash handout scheme and high season for home decoration and restoration, will add house brand to boost margins.
Comment: And once the handout scheme is over…?
NPPG name change to Global Consumer Pcl, ticker change to GLOCON; NPPG-W4 to GLOCON-W4 effective today
Comment: What’s the story here? A genuine new shareholder group or just another group of dodgy businesses for the share price to move? But the Managing Director does look genuine (ex-TFG), let’s see.
ORI launches Bt6b. mix-used Smart City Ramindra, dividing into 3 phases, Condo/Hotel, Retails and Office, target COD in 2022.
RATCH to wrap up at least 1 M&A this year, ready to expand in Vietnam next year and securing partner for 1,400MW Hin Kong powerplants soon.
SCN cuts growth projection to 10% form 30% earlier, after a revamp of transport bus bidding terms, to expand solar rooftop with new partner and signing new contract this Friday.
TEAMG signs contract to conduct study for 700mw coal fired powerplants projects in Laos.