BGRIM: ADB sold 2.01% stake in overnight placement (52,295,200 share) at Bt51.40 – Bt52.40 per share, a discount of 2.5% to 4.4%, by JP and Citi.
CENTEL signs 3 hotels, 2 in Vang Vieng, Laos & 1 in Khao Yai, adds 304 rooms in portfolios.
Comment: I still think CENTEL > MINT in terms of management at the moment, share price wise … its a toss up
DCC may see FY20 net profit at 31 year high at Bt1,574m, +62% yoy, thanked to strong 4Q, may see 5% growth this year on 3 new branches, Tabloid.
HPT targets 20-40% revenue growth this year from strong order of kitchen tools & tableware as demand for home cooking grows, plans to curb costs to boost margins.
LPH sets 25% revenue growth target this year, by adding 10K patients from SSO, sets 1,200m capex, including Bt800m acquisition of private hospital outskirt of BKK.
ORI reaffirms solid 4Q20 from transfer of 5 condos projects, upbeat outlook as 64% of backlog scheduled to transfer this year, maintaining launch plan total Bt20b, 50% SDH & 50% condos focus mid-to hi-end segment.
Comment: Should this be case then their debt issues are reduced.
OSP sees double digits growth this year from full year recognition of new drinks production plant, C-Vitt, as well as production plant in Myanmar, expects wider margins from improved economy of scale & costs saving, sets Bt2.5b for M&A & factory upgrade.
Comment: Basically they’re doubling capacity of C-Vitt, watch them try to flood the market with the product.
SISB sees FY21 turnaround after shift learning program to online curriculum & 5% intuition fee hike late last year, new branch in Chonburi to open mid-FY21, targets additional 150-200 students thus year.
Comment: Basically what choice do parents have when it comes to their children?
THAI sold 15.53% stake in BAFS to RATCH for Bt2,712m, leaving 7.06% past sale.Comment: Great investment for RATCH, wondering why they paid a fair/high price for it…
UTP targets FY21 revenue no less than last year from strong utilization rate of 260ktpa cardboard box & paper containers to serve demand from e-commerce, sees no impact from Covid.
Comment: In other words “we don’t have growth”