Stocks in the news (dusit, itel, ktc, prapat, pttgc, sis, ttcl) 16.07.21
Citi is seeking to sell its SEA (Indonesia, Vietnam, Thailand, Malaysia, Philippines) & SKR business as package to Standard Chartered Bank.
Comment: Remember this is only for their consumer business
DUSIT debuts 152 rooms hotel, DusitD2 Hia Hin, its 3rd hotel in beach town.
Comment: Market share goes to the strongest.
ITEL: board approved to move from MAI to SET, will proceed after being approved by the exchange.
KTC: 2Q due today, Bt1.57b consensus.
Comment: I expect a better than consensus report.
PRAPAT expects positive 3Q sales momentum supported by demand for cleaning, laundry, kitchen and sanitation on F&B and hotels reopen in Samui.
PTTGC: S&P affirms rating at BBB, stable outlook.
SIS reaffirms solid 2H from strong IT hardware sales, EV charger, energy saving products and higher revenue contribution from cyber security supported by growing data center & cloud service, collaboration with ILINK & Bitkub.
Comment: Amongst the winners over the past 12 months. Question going forward is sustainability of these levels.
TTCL wins EPC contract for dual heat recovery steam generator projects from Qatar Petrochem (QAPCO) total US$ 32m.