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Friday, May 3, 2024

Stocks in the news (advanc, aot, bay, bol, cpn, gpsc, nrf, ori, sawad, scb) 17.11.20

ADVANC to provide 5G network solution for Bosch’s factory in EEC, sees growth from IoT, remote production curling & monitoring, automated warehouse & logistic to improve productivity.

Comment: I think we are underestimating the potential impact of 5G on businesses, it’s going to be far bigger than we may realise.

AOT’s board omitted bonus payment for employees to preserve cash, investment on midfield satellite, baggage handling and parking bay.

Comment: What about management taking a 50% paycut? They’ve had no work to do.

BAY’s personal loan unit, Krung Sri Consumer, reports Bt196b card spending in 3Q, outstanding loans (eo-3Q) at Bt133b (Bt58b new loans), online shopping, food delivery and grocery contributed the most.

BOL chairman, Min Intanate, bought 32.942m shares at Bt4.2 average yesterday, SEC filing.

Comment: I’m assuming he bought BBL’s stake.

CPN…

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