Stocks in the news (cpf, dtcent, seafco, vgi) 15.12.22
CPF: announced buyback, up to 200m shares (2.32% of paid-up) under Bt5b budget from Dec 19 till Jun 18,23.
Comment: I suppose that this makes sense, given that no one else wants to buy their shares….
DTCENT: GPS tracking product, software & service solutions, DTC Enterprise, debut IPO 305m shares at Bt2.86 apiece, Capital One leads.
Comment: Sounds interesting, but how is this software any different from having a smartphone w/ google maps and a simple software layer on top?
SEAFCO: reported 8 foundation work project signed in Dec total Bt1.25b, lifting backlog to 2-yr high at Bt3.19b.
Comment: They are just the continual winners in the market space.
VGI: local fund, BBLAM, raised holding to 0.0982% to 5.0088% on Dec 13.
Comment: Explains the share price movement, wouldn’t be surprised to see this back to pre-covid levels in a year..