BCP: SSO cuts holding by 0.0802% to 14.9595% of total outstanding on May 5.
IVL sees positive growth momentum 2H21 from recovery global demand for PET, IOD & gasoline, expects full year PET spread remained high from healthy selling price due to low output from China, sets US$1b capex to revamp plants, recycling business and HVA products.
Comment: And great margins, it’ll probably continue for the next 12-18 months
HMPRO sees positive SSSG 2Q, will add 1 branch in 2H, expects Malaysia operation reaching breakeven by end of year.
Comment: Every firm should have fantastic 2Q #’s YoY
LEO appointed by China Post Yunnan of China Post Group to be strategic partner and sales agent for China’s state-owned enterprise, China Postal Airlines.
SCGP secured a 75% stake in Intan Group (Indonesia) to expand paper packaging business.
Comment: The Country’s cookie munsterrrrr.
STARK eyes 15-20% revenue growth targets supported by demand for cable from monorail projects, underground wiring for BKK & upcountry, power distribution projects in Hanoi, Da Nang and Binh Phuoc in Vietnam, target FY21 topline >Bt19.4b, profit >Bt2b.
Comment: They are becoming more covered by the news, not by brokers yet.
STGT will start trading in SGX under STG ticker from May 14.
TIDLOR sees 15-20% annual growth, but may have to wait until 1H22 to have a chance of being added into SET50.
Comment: I do wonder at what point firms like this will fall to normal valuations.
THAI will benefit from the private-public partnership act, including contracts with AOT for public infra if it can regain state enterprise status, as backed by majority of creditors, who will meet on Wednesday to consider rehab plan.
THG: RAM raised holding by 1.1129% to 20.9781% of total outstanding on Apr 28.
WINMED: medical & diagnostic products manufacturer, Winnergy Medical, debut today, 120m shares at Bt3.1 apiece, FNS leads.
Comment: Small float AND BOOM!