Stocks in the news (dmt, onee, ptg, sawad) 16.10.24
DMT sees positive 2H momentum, supported by surged toll way traffic aft Air Asia X relocate back to DMK airport effective Oct 1, tailwind from flights increase on reopening of DMK building 1 and holiday season in 4Q boost earnings, maintain FY daily average target at 116,000 trips/d from +8.5% yoy from 106,907 in 2023
Comment: I would still like to see this asset taken back by the country
ONEE’s digital media unit, oneD, collab with ADVANC to offer mthly subscription for its contents via oneD app at Bt59/month
Comment: The only survivor of the digital TV industry debacle.
PTG maintain 12-15% FY revenue growth target, expects earnings dip in 3Q on soft fuels sales volume on low season before picking up in 4Q on seasonal, cooking gas unit Atlas Energy on track to list on SET in 1Q24, sets Bt6-7b next year on adding 60 and upgrading 100 of its petrol stations, while growing its Punthai Coffee brand
Comment: Great player in the industry, at the end of the day it needs oil prices sub 50 and then the share price can soar again.
SAWAD offers a 3-mth interest free holiday campaign for clients affected by flood upcountry, effective from Oct 15 till Dec 30,24.
Comment: Even the gangsters have a soul.