Stocks in the news (bts, chg, dimet, hl, ihl, proud, symc) 21.04.23
BTS sees no material impact from Bt300m invested in 100m shares of STARK @ Bt3 average.
Comment: They’ve had to face a fair bit in the past 6-9 months, JMART, JMT, SINGER all crashing, then the news from the government not paying followed by this STARK.
CHG sets up CSG Wellness Center Samutprakarn to capitalize on rising demand for healthcare services.
Comment: This is still a huge sector of the market that hasn’t been institutionally catered too.
DIMET forms venture with 2 Japan partners, Shibata Corp & Hatari Next, to invest in renewable energy business, expected to start to recognize from 4Q23.
HL sees ATK, face masks, personal care products, vitamins & health supplements sales spiked post Songkran holiday, will add 14 outlets of Pharmax-iCare this year to boost sales.
Comment: I am hearing more positive cases popping up, at least we don’t have to face the stupid governments locking us down again (I hope)
IHL secured car leather seats order for Forester GT from Subaru, firms on 10% full year revenue growth target >Bt2.2b.
PROUD expects positive earnings momentum continue from 2 newly launch upmarket project Vi Ari SDH & ROMM Convent-Sathon condo project, tailwind from Vehha Hua Hin lifestyle seaview & remaining transfer of 45% (Bt1.7b) on InterContinental Residence Hua Hi, firms on Bt3.7b full year sales target, Bt2b revenue target.
SYMC reported disposal of 49% holding in Aim data center (ADCTH) to DB Arrow Pte for Bt63.7m.