Stocks in the news (epg, lts, stpi, top) 27.05.25
EPG collabs with metal sheet roofing producer, Assavas Metal, to joint expand roof solution, bringing its AERO-ROOF insulation to combine with Assavas roofing system.
Comment: Who cares about EPG…really…tell me? anyone? anyone? Does the company now have 1,000,000 patents? Perhaps the company should focus on getting their returns on capital/assets/equity higher.
LTS’s board approved acquisition of IT & Telcos engineering services & contractor, EN Soft (ENS), transaction to be done via share swap 32m shares @ Bt6.7/share valued at Bt214.4m.
Comment: A political pump….how far away until the dump?
STPI reported 6 EPC project signed valued Bt1.16b, comprised of wellhead platform decommission, fabrication of pipe spool for chem plant in Canada & O&G storage refurbishment service.
Comment: WOAH! It’s been a long time since Thailand co’s have one these types of projects.
TOP repurchases & cancel debenture with a principal amount of $43m, a portion of $600m debentures with a fixed coupon rate of 5.375% due in 2048, lower aggregate principal amount to $557m.
Comment: And people thought that TOP was going to have to raise capital…