Stocks in the news (mint, or) 17.07.25
MINT reaffirms solid 2Q from robust OCC & RevPar during Apr-May from hotels in EU +7% yoy, will ramp up re-payment in 2H to reduce interest exp, newly acquired GAGA Beverages will help solidify and complement existing food brand portfolio.
Comment: At one point this name will be attractive to investors again…the only question is what tourism point do investors need to see to get all excited again? I think euro tourism is taking a hit due to the recent USD weakness, and so perhaps the gamble will make sense within 2H…let’s see.
OR teams up LINE MAN Wongnai to roll out Pick & Go feature, aims to boost restaurant take out, boost sales via dine out deal, reduce manpower via digitalized, skip hassle of waiting for customers.