Stocks in the news (bland, cpaxt, cpall, gfpt) 12.07.24
BLAND: anticipates traffic & occupancy rate at IMPACT exhibition center accelerate next year aft Pink line monorail extension completed in 2H25, mulls develop mixed-use project to boost growth.
Comment: This muang thong property…it’s just impressive what’s being achieved….it’s just unimpressive how long it has taken.
CPAXT: CPALL will buy CPAXT shares from shareholders who vote against the amalgamation btw CPAXT & Ek-Chai Distribution at Bt 31.25/share, purchase period from July 19 to Aug 1, purchase offer doc will deliver to dissenting shareholders.
Comment: Barely any…most likely small shareholders that forgot to vote…
GFPT: upbeat 2H earnings from surge chicken export volume from larger client portfolio, wider margin from improves selling price, sees positive momentum continue in 3Q on seasonal demand, eyes 3-5% FY revenue growth target.
Comment: GFPT, TFG, CPF all likely to be better than investors expect…