Stocks in the news (ck, crc, ichi, or, unix) 01.04.26
CH. Karnchang Public Company Limited is one of Thailand’s leading general contractors, specializing in large-scale infrastructure projects including mass transit systems, expressways, and power plants. The company operates as a holding entity with strategic investments in energy and transport utilities through subsidiaries like BEM and CKP.
CK: The mgmt expects the new govt to accelerate mega-projects to stimulate the economy. They believe the benchmark prices will be adjusted to reflect reality. They point out that current projects utilize a strategy of managing material stock and negotiating in advance to control costs across all projects, alleviating concerns about cost issues. They are also closely monitoring subcontractors to ensure sufficient stock for at least six months.
Comment: The issue is the subcontractors are going to face liquidity issues unless the banks are willing to provide support.
Central Retail Corporation Public Company Limited is the leading multi-format and multi-category retailing platform in Thailand, with a growing international presence in Vietnam and Italy. The company manages a diverse portfolio across fashion, hardline, and food segments, including flagship brands like Central and Tops.
CRC: has partnered with Emart Inc, a South Korean retailer, to launch ‘No Brand’ grocery stores in Thailand. The Co has exclusive rights to distribute No Brand products and operate No Brand stores in Thailand.
Comment: Hmmm….well better than nothing.
Ichitan Group Public Company Limited is a prominent Thai beverage manufacturer focusing on the ready-to-drink tea market. Its portfolio includes green tea, herbal drinks, and functional beverages marketed under the Ichitan and Yen Yen brands, utilizing advanced UHT and cold-fill production technologies.
ICHI: With unusually hot weather, the Co believes it will meet its Q1 2026 targets in both sales and profit. Regarding the rising packaging costs, it has locked in prices until the end of Q2 2026. It remains confident of achieving its 2026 growth target of a 12% increase in sales. It has also launched a new product, “Ichitan Iced Tea,” to expand its ready-to-drink tea portfolio and meet the needs of consumers looking for refreshing drinks to beat the heat.
Comment: Every year I read about ICHI and hot weather…nothing of note.
PTT Oil and Retail Business Public Company Limited is the flagship oil and retail arm of the PTT Group. It operates Thailand’s largest network of gas stations (PTT Station) and non-oil commercial businesses, including the globally recognized Café Amazon chain and various retail partnerships.
OR sets Bt58b 5-yr capex between 2026-30, of which Bt38b is set for its oil and EV operations, focusing on infra development, oil transport and EV charging, targeting 7,000 motorists using its charging services with an avg charging time of 7-hrs/d in 2030, from 3,000 users with 6-hrs/d in 2025.
Comment: #’s will look crap til oil returns down…then again it’s only the spot that’s gone wild, futures at still in the low 70s.
Unique Plastic Industry Public Company Limited is a comprehensive manufacturer of green-innovative plastic films and packaging. The company provides a wide range of sustainable solutions for flexible packaging, heavy-duty industrial use, and consumer products, focusing on eco-friendly material science.
UNIX: Trading debut today, the Co highlights its 30 yrs of experience in film and plastic packaging, advanced and hard-to-find manufacturing technology. It plans to purchase additional machinery to expand production and is positioned as a “Growth & Dividend” stock, aiming for sustainable growth and leadership in green packaging.
Comment: A pump! A glorious pump!
| Ticker | Price (THB) | YTD (%) | Trend (3M) | Rating | Analysis |
|---|---|---|---|---|---|
| CK | 15.50 | +30.3% | 📈 | Buy | Link → |
| CRC | 18.10 | +0.6% | 📈 | Hold | Link → |
| ICHI | 12.30 | -8.2% | 📉 | Hold | Link → |
| OR | 12.30 | -7.5% | 📉 | Hold | Link → |
| UNIX | 1.89 | 0.0% | ➡️ | Buy | Link → |
If this has helped you, please consider donating and buy me a Somtum Waffle 🙏🧇