EKH mulls opening Cannabis medical clinic, in operation next year.
Comment: This nation will never have another fight, everyone will be too relaxed and stoned.
GUNKUL’s got credit upgraded by Fitch from BBB to BBB+, while subordinated debt rating to BBB from BBB-, reflecting higher cashflows from PP business.
MBK’s 6.068m new shares from conversion of MBK-W1 1:1 at Bt3/share, tradeable on March 22.
Comment: The landlords are coming back to get more assets. (if you understand the history of this group, you’ll understand what I mean)
MINT reaffirms plan to sell 4-5 hotels in Europe for Bt10-15b in 2Q-3Q21, as part of business strategy to add cashflows to the current Bt25b, seen recovery in both hotel and food business.
Comment: I’m turning more and more into the viewpoint that the team running the businesses at MINT have deteriorated in quality.
New free-float rules, to be implemented later this year, will negatively effect DELTA, AOT, and GULF, and positive to BBL, SCB, SCC, INTUCH, PTT, TISCO, MINT, Tabloid.
Comment: Moves are already being made the local insti’s
SCB signs JV Spore insurance broker partner, Godwit Rock pte, under the name Trex Venture to expand lending business, life & non-life insurance business via digital channel.
SEAOIL: Dept of Mineral Fuels (DMF) grants commercial oil production for onshore well (L53-AA2) on March 16, SEC filing.
SIRI revised up 1Q sales target to Bt9b from Bt7b after logged Bt7b 2M21, target to launch 5 SDH in 2Q, firms on Bt26b full year sales target.
Comment: Even this dog could show decent #’s in 2H21
SMT upbeats 1Q earnings from higher THB revenue from weak currency, strong margins from optical components for network infra products & LiDar sensor (Light detection & ranging) for autonomous vehicles, target 30% revenue growth this year.
SYNEX teams up Huawei to expand network equipment sales, aiming to fill demand to EEC digital hub, IT infra solutions for corporate & government agencies, eyes 10-15% revenue growth target.
Comment: Watch SYNEX NCAP COM7 CHAYO. All linked.