Stocks in the news (ckp, com7, ditto, netbay, fpt, ggc, gulf, jas, pttep) 09.02.26
CK Power Public Company Limited is an integrated power producer that invests in, develops, and operates hydro, solar, and gas-fired cogeneration power plants, mainly supplying electricity to the Electricity Generating Authority of Thailand and the Lao power grid under long-term power purchase agreements.
CKP anticipates solid 1Q driven by higher flow rate thru Xayaburi and Nam Ngym 2 hydro pp compare to last yr, lower financing cost bolster earnings.
Com7 Public Company Limited is Thailand’s leading IT and mobile device retailer and distributor, operating multi-brand chains and online platforms that sell computers, smartphones, tablets, accessories, and related services, alongside software development, repair, and ICT infrastructure solutions.
COM7 eyes 10% FY26 revenue growth target driven by growth from non-IT products, improve sales of Android smartphone.
Comment: Given that every smartphone ex Apple is likely to increase prices 20% this, value > volume growth.
Ditto (Thailand) Public Company Limited provides digital document management, scanning, and archiving solutions, as well as related IT services including big data, electronic document storage, and security systems for public and private sector clients in Thailand.
DITTO
DITTO & NETBAY: Both companies join force to aggressively expand their travel platform, launching a digital VAT refund system for tourists, directly linked to the Revenue Department for faster and more convenient service. They highlight the immense opportunities and are confident in generating long-term recurring revenue, with plans to further expand the platform to include digital reporting systems for gold shops and real estate.
Comment: It’s truly a beautiful ecosystem that NETBAY has developed. DITTO….well…their connection is gone, let’s see what happens.
Netbay Public Company Limited operates digital platforms and Software-as-a-Service solutions for online electronic transactions, providing e-business and e-service platforms that connect business-to-government, business-to-business, and business-to-consumer users in Thailand.
Frasers Property (Thailand) Public Company Limited develops, owns, and manages a diversified real estate platform in Thailand spanning industrial properties, residential projects, commercial offices, and hospitality assets, with integrated development and property management services.
FPT board approved disposal of 20% stake in W Hotel Bangkok at price range between Bt117.42m-Bt129.78m to Asian Capital, transaction to complete by end of Mar.
Comment: They’re looking for capital everywhere….
Global Green Chemicals Public Company Limited produces and sells oleochemical and bio-based chemical products such as fatty alcohols and biodiesel, supplying downstream customers in Thailand and abroad as part of the PTT Global Chemical group.
GGC: The Co, the biochemical arm of PTTGC, has partnered with Thaicom (THCOM) and the Thailand Greenhouse Gas Management Organization (TGO) to launch a pilot smart palm oil farming project aimed at supporting Thailand’s 2050 net-zero target.
Comment: Oh ffs, someone take these people out back w/ gun, stop w/ this ridiculous net-zero target.
Gulf Development Public Company Limited is a leading Thai energy and infrastructure group that develops, owns, and operates gas-fired, renewable, and hybrid power plants, as well as natural gas distribution, LNG, and digital infrastructure businesses in Thailand and overseas.
GULF secures syndicate loan total Bt60b to support development of 27 renewable projects with a total generation capacity of 939mw.
Comment: YUM YUM DIVVY’S FROM AIS.
Jasmine International Public Company Limited is a telecommunications and digital infrastructure group investing in broadband internet, internet TV, digital asset and technology solutions, and related IT and network services across Thailand.
JAS holders approved MONO Streaming to be the content provider of the English Premier League in Vietnam.
Comment: Not a bad move…
PTT Exploration and Production Public Company Limited explores for, develops, and produces oil, natural gas, and petroleum products across Thailand and multiple international assets, serving as the upstream arm of the PTT group.
PTTEP to release 4Q25 results: 4Q25 Earnings Outlook – Strong q/q Recovery, Softer y/y base. For 4Q25, net profit is expected at THB 17.75bn, representing a strong +40% q/q recovery, driven by higher volumes and non-recurring gains. However, this still implies a ~3% y/y decline, reflecting a lower oil price environment versus last year, rather than any deterioration in underlying operations. Production volumes are expected at 530 kboed (+6% y/y), supported by higher gas nominations from PTT and increased crude liftings from the Middle East and Africa. Average selling price (ASP) is projected at USD 42.24/boe (-8% y/y), tracking the decline in reference Dubai crude prices. One-off gains include a USD 85m bargaining gain from the Touat project acquisition in Algeria, lifting total non-recurring gains to ~THB 1.1bn.
Comment: And you thought oil was dead…..divvy season coming with a nice little spike in oil prices = 20% in 6 months
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