Stocks in the news (arip, bm, delta, jwd, sjwd, pttep, ratch, wha) 16.02.23
ARIP reaffirms solid turnaround this year driven by organizing events backlog total 17 projects worth Bt124m, tail wind from digital marketing, creative content & e-learning solution to boost growth, eyes 30% FY revenue growth target.
Comment: I do wonder about this industry, obvious tailwind, not sure if the local players can do as well as they should.
BM’s firm on record high revenue in 2022 to Bt1.3b, +20%, on realizing backlog at Bt500-600m, sets Bt1.6b target for this year, +20%, boosted by furniture exports and vending machine frame orders for FORTH’s Tao Bin robotic barista.
DELTA’s board approved par split from Bt1 to Bt0.10.
DELTA reports Bt 15.34b, +129% yoy, topped Bt 14.03b consensus, robust sales of EV power & power supplies for data center, wider margins from lower raw material costs & Bt450m FX gains boost earnings. To split par from Bt1 to Bt0.1, seeks holders approval on April 7, pays Bt4 dps, XD Feb 28.
Comment: Hooooooooooooooollllllllllllyyyyyyyyyyy crap
JWD: co., name changed to SCGJWD Logistics, ticker change to SJWD, effective tomorrow (Feb 17).
PTTEP, Petronas Carigali Sdn (PCSB) and Petroleum Sarawak Exploration & production (PSEP) consortium wins Malaysia offshore EP field Block SK235, PCSB will be operator with 60% interest, PTTEP 32.5% & PSEP 7.5%.
Comment: Find the O&G service providers in this region, they are going to finally start making bank.
RATCH to acquire 36.23% stake in PT Paiton Energy & in Minejesa Capital B.V to obtain interest in 2,045mw coal-fired pp located in Paiton Powe Generation Complex in Indonesia.
WHA in talk to lease 400k sq.m warehouse to industrial clients, expects to wrap up within 1H.