Stocks in the news (ba, bbl, tli) 10.11.22
BA: brings back annual unlimited flights campaign, Elite/Elite Plus card, Bt120k pre-paid ticket for FY23, kick-off 11.11 campaign tomorrow to fill cabin.
Comment: If you live in Samui or plan to fly to the maldives often, this seems like a no brainer…presume that this is for them to receive a massive cash infusion.
BBL & TLI are expected to be added into MSCI index on an upcoming reshuffle announcement today, tabloid.
Comment: And then wait to see news about how BBL NVDR is full.
Don.
BBL looks fairly valued (subject to fooling around with rewserves). what do you imply re: the foreign stock allocation beinge passed.?? thanks.
Pon
Every once in a while when passive foreign funds increase allocation to thailand or when a name like BBL gains a higher weighting, you’ll see historically that the NVDR limit is met.