Stocks in the news (SICT, STANLY, BCP, VGI, MFC) 28.10.26
Company news
Silicon Craft Technology Public Company Limited is a Thai fabless semiconductor company that designs, develops and markets microchips and RFID/IC solutions, primarily for animal ID, logistics and industrial applications. Moved from mai to SET on 27 October 2026. Last sale THB 3.50. YTD +53.5% vs Dec 30 2025 close of THB 2.28.
| Market Cap (THB): 1.68B | Market Cap (USD): ~$0.05B (at ~THB 33.78/USD) |
| Current Price: THB 3.50 | 52-Week Range: THB 2.20β3.72 |
| P/E Ratio: 21.0x (TTM) | P/BV: 1.93x |
| Dividend Yield: 0.7% | Avg Daily Value (approx.): THB 8.4M |
SICT Moves from mai to SET today. Stays in Technology, Electronic Components sector. Designs and develops ICs, outsources manufacturing. Filed yesterday.
Thai Stanley Electric Public Company Limited manufactures and sells automotive lighting equipment, bulbs, molds and related products in Thailand and internationally. Last sale THB 230.00. YTD +21.7% vs Dec 30 2025 close of THB 189.00.
| Market Cap (THB): 17.62B | Market Cap (USD): ~$0.52B (at ~THB 33.78/USD) |
| Current Price: THB 230.00 | 52-Week Range: THB 179.50β256.00 |
| P/E Ratio: 9.2x (TTM) | P/BV: 0.85x |
| Dividend Yield: 10.9% | Avg Daily Value (approx.): THB 4.7M |
STANLY: 2Qnp (eo-Sep 30) at Bt 567m -8% yoy, beats Bt 524m consensus, rev recognition frm mold & lighting for Mitsubishi new models and improves lighting sales vol for Honda able to offset adverse impact frm flood in the qtr, pays interim Bt 10 dps, XD Nov 25.
Comment: China Inc continues to have an impact
Bangchak Corporation Public Company Limited is an integrated energy company engaged in oil refining, marketing, electricity generation, bio-based products and natural resources in Thailand and internationally. Last sale THB 51.50. YTD +98.1% vs Dec 30 2025 close of THB 26.00.
| Market Cap (THB): 75.2B | Market Cap (USD): ~$2.23B (at ~THB 33.78/USD) |
| Current Price: THB 51.50 | 52-Week Range: THB 24.20β60.75 |
| P/E Ratio: 3.5x (TTM) | P/BV: 0.92x |
| Dividend Yield: 7.9% | Avg Daily Value (approx.): THB 1.09B |
VGI Public Company Limited provides out-of-home advertising, media and marketing solutions, including transit and digital advertising in Thailand. Last sale THB 1.01. YTD +6.3% vs Dec 30 2025 close of THB 0.95.
| Market Cap (THB): 21.3B | Market Cap (USD): ~$0.63B (at ~THB 33.78/USD) |
| Current Price: THB 1.01 | 52-Week Range: THB 0.77β1.42 |
| P/E Ratio: n.a. (TTM loss) | P/BV: 0.68x |
| Dividend Yield: 0.0% | Avg Daily Value (approx.): THB 142M |
MFC Asset Management Public Company Limited is a Thai asset management firm providing mutual funds, private funds and related investment services. Last sale THB 23.50. YTD β13.0% vs Dec 30 2025 close of THB 27.00.
| Market Cap (THB): 2.95B | Market Cap (USD): ~$0.09B (at ~THB 33.78/USD) |
| Current Price: THB 23.50 | 52-Week Range: THB 18.60β27.50 |
| P/E Ratio: 8.8x (TTM) | P/BV: 2.00x |
| Dividend Yield: 5.3% | Avg Daily Value (approx.): THB 3.1M |
BCP, VGI, MFC: AMLO has frozen assets worth Bt26bn linked to the alleged βBenjaminβYimβ money-laundering network, including Bt16bn in listed shares, with BCP, VGI, and MFC among the affected holdings. BCP represents the largest portion of the frozen shrs.
VGI – Authorities issued warrants for six individuals accused of using offshore entities and nominee shareholders to conceal ownership of newly issued VGI shares, allegedly acquiring more than 25% of voting rights without making the required disclosure or tender offer. The suspects face charges related to securities law violations, participation in a secret society, and money laundering, with six currently overseas and one denying the allegations in TH.
Comment: Oh those dirty foreigners! And you expect us to believe that these companies didnβt know whatβs going on? Argh one day Iβll have to write about it, perhaps when I permanently leave the country.
| Ticker | Mkt Cap (USD) | Price (THB) | P/E (TTM) | P/BV | Div Yield | YTD 2026 | Analysis |
|---|---|---|---|---|---|---|---|
| SICT | ~$0.05B | 3.50 | 21.0x | 1.93x | 0.7% | β² +53.5% | View β |
| STANLY | ~$0.52B | 230.00 | 9.2x | 0.85x | 10.9% | β² +21.7% | View β |
| BCP | ~$2.23B | 51.50 | 3.5x | 0.92x | 7.9% | β² +98.1% | View β |
| VGI | ~$0.63B | 1.01 | n.a. | 0.68x | 0.0% | β² +6.3% | View β |
| MFC | ~$0.09B | 23.50 | 8.8x | 2.00x | 5.3% | βΌ β13.0% | View β |
Corporate events
XD today β INETREIT ΰΈΏ0.0675 (Aug period, from net profit and retained earnings).
Still open β BIS tender at ΰΈΏ1.27 through 3 Nov. MAJOR buyback window is open. STPI rights 29 Octβ4 Nov at ΰΈΏ5.55. ROH rights 20β27 Oct at ΰΈΏ0.60. SMT cash-balance runs to 30 Oct.
Market chatter
(not filings)
SET β Closed yesterday at 1,579.03, up 16.36 (+1.05%). Foreigners bought net for four straight sessions, ~ΰΈΏ8.7bn cumulative. Anthropic IPO filing is the overnight colour. Brokers are flagging DELTA, BBL, ITC and BJC. Not a filing.
Domestic palm oil pdcrs, cassava and sugar cane growers are expected to benefit frm recovery dmd for ethanol aft govβt cuts excise tax on E20 gasohol & B20 biodiesel by Bt 5.6/ltr & Bt 5.5/ltr for 3 mths.
Please give this Somtum Waffle a tip ππ§
Leave a tip