Stocks in the news (ea, pr9, siri, stec, svi, w) 30.09.20
EA secures 600KW solar rooftop projects for Burirum United, Chang Arena, and Amari Burirum, to start realizing revenue this year.
PR9: BBLAM raised holding by 1.0864% to 5.9537% of total outstanding last Friday.
Comment: This hospital name has been in the dogs since it went public. A turnaround in performance coming?
SIRI transferred Bt20b worth of condo 9M20, vs Bt24b whole year target, presales stood at Bt19b vs Bt16b target.
STEC and consortium of MHI Power Project signs Bt8.8b contract to build Hin Kong combined-cycle powerplants projects. Separately, GULF – who jointly invests in the projects with RATCH – said it has signed construction contract with MHI Power Project, STEC and Mitsui Power and a service agreement with MHI for 25 years.
Comment: Should politics calm down will contractors pick up again?
SVI sees recovery demand on LED panel display from replacement of traditional display units by retailers and ad mgt co, for costs effectiveness, marketing benefits, enhance interactive massage, remote access and more versatility for in/outdoor environments.
W divested 51% holding in, EIC Semiconductor, will use Bt122.4m proceed to expand Domino pizza branches and F&B portfolio, issue free warrants (W-W4) 2.5:1 for existing shareholders, XW December 22.
Comment: So W looks like a backdoor listing, takeover, its dumping EIC to someone, and then buying domino from the previous franchise holders.