Stocks in the news (kce, prm) 22.01.25
KCE acquires KCE Printed Circuit Boards Gmbh (KCED), a distributor of PCB in Germany & Europe for EUR 10.65m (Bt 380m), aims to manage selling price, revamp logistic & admin to enhance effective operation & reduce costs, facilitating direct communication with customers, transaction to complete by end of March
Comment: This reads like a left pocket right pocket transactions.
PRM: target FY revenue growth >10% yoy driven fuels & jet oil transport from tourism demand, contribution from 2 hybrid crew boats under contract with Adnoc, expects growth from offshore support vessels (OSV) biz aft gain exposure in the middle east.
Comment: OSV space is still rocking….