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Stocks in the news (bjchi, dohome, itd, irpc, noble, sawad, ple, snc, tu) 19.11.20
BJCHI sees recovery in 4Q after bottoming out in 3Q, supported by Bt3.2b backlog, of which Bt400m to be booked in 4Q.
DOHOME maintains FY20 SSSG target above 5%, set Bt1.2b capex to add 3-4 home improvement stores (size L) and Dohome To Go (mini store) next year.
Comment: This player is going out there and taking market share from Thai Watsadu, Homepro and Global.
ITD wins land fills contract for MRO (maintenance – repair-overhaul) facility at U-Tapao airport worth Bt338m.
Comment: Looks like the panther scandal is over for ITD. Back to business as usual. Amusing how quickly things revert to normal.
IRPC sees momentum into 4Q on recovering demand both oil and petrochemical, may book stock gains.
Comment: Generally speaking higher oil prices (or a positive upward momentum) is more positive for IRPC due to where they are in the value chain, the inverse holds for…
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