Stocks in the news (cpf, gfpt, lts, shr, thg) 21.10.24
CPF & GFPT are expected to recovered windfall from surged chicken exports order to JPN aft first bird flu outbreak of the season found at poultry farm in Hokkaido.
Comment: Everyone will be massively surprised by how great the margins are from GPFT and CPF’s (core business) for the 3Q
LTS signed exclusive dealer with ByteDance’s subsidiary (BytePlus) to offer e-commerce tech solutions for TH merchants, sees growth momentum remain intact from data center project, AI cloud service, software developing and smart home & IoT products.
Comment: Who is this group behind LTS? It doesn’t make sense for Bytedance to work with them.
SHR reaffirms 4Q turnaround supported by reopening of resorts in portfolio post major renovations, higher ADR & RevPar, improved OCC on seasonal and lower interest expenses.
Comment: It’s worth far more…but market doesn’t belleve it yet…it trades incredibly oddly.
THG appointed RAM’s CEO, Dr Paiboon Ekasaengsri, to be group chief CEO, from Nov 1.
Comment: This company is such a mess.
WHAIT submitted filing to sell additional unit trust up to 120m units to invest in lease right of factory & warehouse combined 40,172 sq.m in industrial estates under WHA Group.
peter satrapa-binder
LTS: i looked it up because i did not know them – they a seem to be a lighting systems provider (???). what would they have to do with e-commerce tech solutions?
Pon
Exactly – I’m stumped – not sure what value they add at all…unless it’s a political play and the shareholders are linked to the administration and perhaps we’ll see a private placement…