Stocks in the news (gulf, kbank, itd, ichi, 88th, mrdiyt, turbo, sky, news) 16.10.25
GULF/KBANK: The SEC reported that GULF TB bought another 5.4mn shares in KBANK, resulting a holding at 5.0288% (the 4th largest shareholder in KBANK). KBANK result will be released on 21 October with analyst meeting is scheduled same day at 10:30am BKK. (Kaohoon)
Comment: Oh and what happened to all the rumours that GULF won’t buy shares blah blah blah. Or that the BOT smacked Gulf across the knuckles to teach them a lesson.
ITD: Signed Bt366mn in construction contracts for the Chao Phraya Bridge project. (Kaohoon)
ICHI: Expects stronger outlook on the government’s Co-payment campaign, with profit momentum supported by lower raw material costs. (Thunhoon)
88TH: Optimistic on 4Q earnings after its “Jenny Fever” livestream generated about Bt30mn in sales from a two-day event. (Thunhoon)
MRDIYT (Non-listed): Set IPO price range at Bt8.30–8.60/share; trading debut on SET expected in early Nov 2025. (Bangkok Post)
Comment: They want a high valuation – which isn’t possible in the current market.
TURBO: Partnered with AUCT to offer hire-purchase services for motorbike buyers at auction yards.
Comment: Not the worst idea. Good for AUCT.
SKY: Sold 30% stake in subsidiary Aero Serve (AERO) to JBP Solutions, aiming to enhance aviation-related IT solutions through JBP’s network and software design expertise.
Comment: Whenever I still SKY doing deals – I just wonder if there is a kickback involved somewhere
NEWS: Local investor Krasuang Jarusira raised his holding by 10.06% to 17.24% as of Oct 10.