Stocks in the news (bts, bem, ecf, jmart, gunkul, ilm, lph, sat, smpc, tpipp) 01.02.21
TS & BEM expect MRT ridership to recover on reopening of schools and longer operating hours of business from February 1.
Comment: I wonder how long these 2 will wait before selling the lines to an infra fund.
ECF sets 10-12% revenue growth target this year, on rising furniture orders, both local and overseas, sets Bt40m capex to boost production capacity.
JMART’s completed JV deal with KB Kookmin Card in J Fintech, with KB Kookmin holding 49.99%, Jmart’s 45.09% and JMT’s 4.92%, aiming to secure top 5 spot in credit card lending.
Comment: BOOM! And they’re off to the races, watch this space.
GUNKUL eyes bids for 3 community powerplant in Northeastern provinces totaling 15MW, expects Bt1b investment.
ILM’s adding new furniture items, household supplies and home decorative products to boost sales on an upcoming CNY next week.
LPH anticipates FY21 turnaround from additional 10k SSO patients quota, upside from Covid vaccine, firms on 20% revenue growth target.
SAT: FIL Ltd cuts holding by 0.1061% to 4.9846% of total outstanding on January 26, SEC filing.
SMPC target FY21 cooking gas cylinders sales volume topped 8m units, up production capacity of 500 liter cylinder from 1k to 2k units/month to fill demand from industrial clients, eyes 10-15% revenue growth target.
Comment: Wuflu accelerated all the demand for SMPC, fear we have is that eventually demand drops below the normal levels in the coming quarters. This does apply to any businesses that have benefitted from the demand pull in the past 6-12 months.
TPIPP wins a 20 year PPA 8mw waste to energy (WTE) powerplant in Songkhla, lifts capacity if its 8 WTE facilities to 448mw.