Stocks in the news (aot, dohome, sta) 13.05.24
AOT: Philippines LCC, Cebu Pacific, will boost flights to BKK with a 3-weekly service from Manila to BKK (DMK) staring July.
Comment: Does this indicate a demand for additional service sector employees?
DOHOME: sees strong qtd 2Q from recovery demand for home improvement products, sets Bt1b capex to add 8 stores & revamp existing outlets.
STA: anticipates positive earnings momentum carry thru 2H supported by recovery rubber demand from countries ex-China, higher avg selling price yoy and delivery of rubber under EUDR standard to EU clients.