Stocks in the news (asian, bdms, cpf, ilm, ptg, rbf, sawad) 28.10.20

ASIAN: expects windfall from new wave of Covid as social distancing, travel restrictions and curfew abroad trigger restocking of canned food, read-meal & pet food.

Comment: It’s their pet food business that has been driving ASIAN for the past 1-2 years. Something I’ve missed out on. *smash head against the wall*

BDMS: sees strong advance booking at its government certified ASQ facility, Movenpick Wellness BDMS resort, as demand for Covid escape from foreigners grow.

Comment: QoQ improvements to be seen for the next 8 Qs

CPF: holders approved acquisition of swine producers in China total 43 co., worth Bt 131b via subsidiary, Chia Tai Investment (CTI), will book US$ 84m (Bt 2.6b) extra gains in 4Q, expects big jump next year after become a top 5 player in China.

Comment: Left pocket, right pocket.

ILM: kick-off 1 month promotion event, add WFH products, home…

Read more…