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Stocks in the news (aot, cp, ori, mbk, pttep, pttgc, solar) 19.01.24
AOT’s 3rd runway on track to cod in July, adding more automatic channel (e-passport reader) to enhance convenience, mulls expand SIA & DMK airports capacity to handle 140m travelers p.a., expects to sell TOR by end of year.
CP Group plans to slow its investment this year, eager to harvest its outlays from recent years, CEO Suphachai Chearavanont.
Comment: Because they are cash broke, overleveraged, the cashflow from all their acquisitions in the past decade only cover interest payments (okok i’m exaggerating, but only slightly…)
ORI & MBK successfully roll over, CD sold in Jan. meet target. RML, TNITY & MQDC fell short of target, Thunhoon.
Comment: Oh (?), reminder I brain farted over this last month, Random Thoughts: Bonds | ThaiCapitalist
PTTEP’s subsidiary, PTTEP Energy Development, speeds up work to install equipment & wellhead platforms at Erawan field to…
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