BPP and TTW may be added to SET50 for 2H20, and ACE, TVO, WHAUP, DOHOME, SIRI, RBF, SISB to SET100, while BBL may be added to MSCI Standard, Tabloid.
GGC reports 1Qnp at Bt238m, +984% yoy vs Bt228m estimate, thanks to reformulated biodiesel to B10 from B7 effective January 1, will scale back methyl ester production volume to 400ktpa from 500ktpa as global lockdown weighing on demand.
PSTC keeps 5% revenue growth target, supported by Bt3b backlog and recognitions of 12 renewable powerplants with 34.6MW capacity.
Vayupak fund raised holding in TMB by 0.0103% to 10.0103% of total outstanding on Monday (May 5), SEC filing.
THAI on the verge of B54b in loans, as part of business rehab.
Comment: Piling the debt onto a company pushing the D/E to stratospheric levels. Equity will need to be raised…and massive amounts of it.
UREKA announced RO 550m shares 5:2 at Bt0.8 apiece, issues free warrant 3:1 for existing shareholders, will use proceed to fund tap water projects for Provincial Waterwork Authority under 10ys sales contract, will start to realize revenue from 3Q onward.
Comment: I do wonder if we will see new shareholders in this name should the RO not be fully subscribed.