Stocks in the news (ktb, lhsc, major, qtc, warrix) 10.06.24
KTB anticipates transaction increase from surging tourism participants in secondary provinces stimulus, offering Krungthai e-tax invoice & e-receipt service to support operators from May till prog end in Nov.
LHSC’s unit holders approved investment in additional assets, Terminal 21 Pattaya mall project, value not exceeding Bt 5.7b.
MAJOR upbeats 2Q earnings from strong ticket sales of 2 TH movies (Lahn Mah & Anong), tailwind from Bad Boy Ride or Die, Hit Man (2024), expects positive momentum continue in 3Q as Fly Me to the Moon, Deadpool Wolverine, Alien: Romulus and Transformers hit box office.
Comment: Lahn Mah is the #1 movie in Singapore. Hows that for something mindblowing.
QTC keeps 15-20% FY rev growth target, supported by surging transformer sales on the back of Green Energy expansion by industrial sector & government infrastructure project, mulls bidding project worth Bt2b-3b in 2H.
Comment: Yes, yes, YES – especially due to renewables screwing the grid.
WARRIX sees robust sales of national soccer gears from ongoing FIFA World Cup qualifying, expects 3Q jump if Thailand advance to 3rd round after final Group C match tomorrow.
Comment: And they didn’t…and so there goes WARRIX.
Online broker, Z.com, exit entire margin accounts from Dec 20,2024; cash account service remain unchanged.
Comment: While not a listed entity – this will lead to dumps in some names.