Stocks in the news (centel, tisco, whaup) 14.03.25
CENTEL: upbeat outlook after announced hotels & resorts expansion plan at ITB Berlin travel exhibition, will launching new hotels including Centara Indonesia & Nepal, Centara Grand Lagoon Maldives, 2 facelift projects including Centara Grand Beach resort Hua-Hin & exclusive villas under Centara collection plus fully refurbished Centara Grand Beach Krabi and repositioned as Centara Reserve Krabi.
Comment: Oh suddenly it’s a bullish name again.
TISCO: sees 1Q loan growth slightly improve qoq, expects asset quality recover from improve used car market & government debt-relief programme, new car hire-purchase to benefit from rate cut cycle.
Comment: Wait – if TISCO is going to grow…then…then…then..you know where to be..
WHAUP: sets Bt29b capex to spend between 2025 & 2029, 75% to expand solar portfolio, remaining 25% for water business to supply to factories in industrial estates, aims to increase power gen capacity by 220ww this year to 1,185mw from 965mw in 2024.
Comment: God damn this pathetic ESG bs….solar portfolio? Are you nutz? Unless the government is going to continually pay for all it.
Paul Renaud
What is wrong with Solar? (WHAUP). The cost of solar panels has all but collapsed while its efficiency roared up, over the past 10 years. My own ROI in it is 17% vs o.3% in Thai bank savings accounts. And there are tremendous efficiencies of scale in big solar operations/installed! Not least it helps the carbon footprint.
For other reasons as well, I happen to think WHAUP (3.70) is likely the best high yield utility stock to own during these bearish Thai stock times.