Stocks in the news (advanc, ama, aot, bam, chic, chg, dv8, ivl, pcc, pttep, sflex, sisb, stgt, svr) 08.02.23
NBTC appoints AA&P as independent FA for ADVANC’s buyout of 3BB to be submitted for NBTC’s board by April.
AMA sees 1Q turnaround from improved tanker demand for restocking on China reopening, allots Bt400m capex to add fleet size.
Comment: This gives you an idea how how much volume PTG will be selling through it’s stations
AOT mulls revising up FY23 passenger target from current 96m at eo-Feb driven by better than expected return of international travelers.
Comment: The #’s are just going to look great until 3Q24.
BAM sets Bt9b target for debt acquisition plan this year, adding to the current Bt462b AUM and another Bt67b NPA.
Comment: Just look at how much more debt has to be sold by the banks..it’s ridiculous
CHIC revamps home furnishing outlets to expand rental space to boost recurring income, mulls bidding for wholesales decorative projects from developers to diversify from retail, firms on 20% revenue growth target.
CHG teams up online pharmacy start-up, Arincare, and PTG to expand business.
Comment: Now that’s interesting, so they’ll utilise PTG’s stations as distribution points?
DV8: PAR merged to Bt 2 from 1, effective today.
IVL said no material impact from earthquake in Turkey as PET output from Turkish plant account for 2% of total production.
Comment: No impact for cookie munster, they just have to worry about spreads.
PCC signed MOU with Huawei Technology (TH) to joint develop & expand power distribution, smart grid & infra business.
PTTEP expects its sales of oil & gas this year to reach a new high of 470 KBOED, driven by gas supply from the Erawan field in the Gulf of Thailand.
Comment: Hoping for the market to sell this off more….2H should be another great period for oil…
SFLEX reaffirms solid 1Q from healthy demand for food & non-food soft packaging on recovery consumption, wider margin from lower feedstock costs, eyes Bt1.85b FY sales target.
SISB’s firm on >20% revenue growth target this year on China opening, mulls 2 new campuses by Aug, to report solid 4Q22 on Feb 23.
Comment: One of those names that we always say we’ll buy when it drops, but then it never does, and we just bang out heads against the wall.
STGT sees limited impact from US’ ban of latex gloves in food and medical industries, as US account for small portion of its latex glove exports, while NER sees no impact as its main product is ribbed smoked sheets.
SVR: property developer, Sivarom Real Estate, debut IPO 130m shares at Bt 2.2 apiece, Capital One leads.
2 thoughts on “Stocks in the news (advanc, ama, aot, bam, chic, chg, dv8, ivl, pcc, pttep, sflex, sisb, stgt, svr) 08.02.23”
Earnings season and Q4 is looking horrible so far…Will any groups outperform or at least hold par to expectations?
Anything tourism related and cosmetics.