Stocks in the news (ncl, nusa, sak, teka, top, xo) 15.06.22
NCL reaffirms 50% FY22 revenue growth target driven by strong freight forwarding traffic and logistic services on improved exports, contribution from 25% investment in digital marketing & IT infra (CDN).
NUSA’s 50% JV with CSR in hemp related business sees Bt5b revenue, supported by 1m ton orders from Japanese client, sees dividend income from stake in WEH in 2Q.
Comment: Well…the entire market knows that this is dodgy crony company.
SAK expects credit demand from agricultural accelerates ahead of crop season, adding 60 more outlets upcountry, target loanbook +30% yoy to Bt11.4b by end of year.
TEKA: contractor, Teka Construction, debuts 75m shares at Bt4.6 apiece, Maybank leads.
TOP postpones XB date for 275.12m shares public offering from June 16 due to unfavorable market environment, SEC filing.
Comment: So PTT group restructuring of assets is postponed?
XO sees windfall from temporary production halt of Sriracha sauce in the US due to shortage of red chilli, will export 1st batch to the US later this month.
Comment: They have been able to continue cracking new markets