Stocks in the news (chayo, ilink, jck, osp, tfg, tk) 29.10.20

CHAYO: 33.6m new shares from stock dividend tradable tomorrow, October 30.

Comment: And now with a higher equity base, will CHAYO have the 8alls to acquire high amounts of bad debt (should the Banks actually sell them into the market, we’re estimating some THB 500bn of official bad debts across the system by year end) 

ILINK: expects to win Bt 377m transmission line projects from authority (PEA) upcoming announcement in November, will signs Bt 144m submarine cable projects from mainland to floating village, Koh Phunyee Phang Na bay before end of year, Bt 1b out of Bt 5.9b backlog to book in 4Q.

Comment: It appears all of those delayed projects from 2-3 years are finally going through.

JCK: report disposal of 50k sq.m factory & warehouse to Swiss medical supply producer to estimate rubber gloves production total Bt 1.45b, transaction to complete 1Q21, issue free warrants…

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