Stocks in the news (aeonts, gpsc, inset, iig, prm, trubb) 16.04.21
AEONTS: will launch digital lending platform mid-FY21, expects higher fees from larger client base thru collaboration with HUMAN & VGI.
Comment: I can see the synergies between AEONTS and HUMAN, VGI less so, but the rabbit card is fire for distribution.
GPSC: mulls estimate semi-solid battery plant phase 2 capacity 1 GWh per annum to fill demand for EV/ESS production in EEC area.
INSET & IIG are expected windfall from surge demand for data center services on the back of WFH scheme, tabloid.
Comment: I’m of the viewpoint WFH is not going to last for 95% of the workforce. Once governments’ stop being ridiculous…
PRM: reaffirms 10% FY21 revenue growth target from additional 3 VLCC tankers, upside from Thaioil Marine (TM), recover traffic on Jet A-1 transport.
TRUBB: reports subsidiary, Thai rubber glove, up production to 60m pieces/month from 30m pieces average in 1Q.