Stocks in the news (aav, cococo, delta, ivl) 24.02.26
Asia Aviation Public Company Limited is a holding company that focuses on the low-cost carrier business through its 100% stake in Thai AirAsia, serving domestic and international routes across Asia with a focus on cost efficiency and its “Now Everyone Can Fly” accessibility strategy.
AAV will operate direct flights from DMK to Inchoen Int’l airport in Seoul with 2 flight a day from May 1, upbeat 1Q26 outlook from resumption of Chinese routed that help increase avg airfares while load factor during CNY rose to 95%, plans to add 4-5 new planes by eoy on top of 60 active aircraft with avg utilization rate of 12 hr/d, aims to increase mkt share to 45% from current 40%.
Comment: Just imagine the pump when Chinese tourism improves…it’s been long enough that humans have forgotten about the kidnappings to scam centers.
Thai Coconut Public Company Limited is a manufacturer and distributor of processed coconut products, fruit juices, and plant-based foods, operating both under its own brands like Thaicoco and as a major OEM provider for international markets.
COCOCO anticipates wider margin from lower coconut px yoy and lower SG&A/sales from costs ctrl, lower US reciprocal tariff and credential from EU’s Geographical Identification (GI) on Ratchaburi aromatic coconut open door for export growth in EU
Comment: Coconuts have been the key driver in the agri industry for the past 5 years in Thailand.
Delta Electronics (Thailand) Public Company Limited is a major producer of power electronics and electronic components, serving as a regional hub for EV systems, high-efficiency data center infrastructure, and industrial automation solutions globally.
DELTA’s the first in the SET in becoming a $100bn company. Previous moves made DELTA into S.E.Asia’s second-most valuable company behind DBS Group, which crossed the $100bn threshold last year.
Comment: Funnymentals ftw!!!
Indorama Ventures Public Company Limited is a global petrochemical producer specialized in the polyester value chain, maintaining a leadership position in PET resin manufacturing with a production footprint spanning dozens of countries across four continents.
IVL holds approx. 30% of the US’ petrochem market share and will be negatively affected as lower tariffs reduce import parity pricing, supporting increased imports from Asia. Caution as tariff implications unfold.
Comment: Regardless, we’re just looking for the turnaround in petrochem spreads…which is happening?
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