Stocks in the news (cpall, cpn, major, delta, stgt, jmart, rbf, spvi, stark, tpch) 12.11.20

CPALL sets to boost overall 7-11 stores to 13,000 by next year.

CPN sets Bt400m promo budget to boost traffic in malls by 20%, hoping that overall this year would be close to 95%.

MAJOR may see recovery in 4Q on cost control, and turn profitable again next year from lineup of blockbuster films throughout the year.

Comment: Who’s making movies now to be released next year and the year after?

MSCI rebalance sees SET’s weighting cut from 1.91% to 1.87%, or $114m. DELTA and STGT to be added to MSCI Global Standard, while JMART and RBF to Small Caps, effective November 30.

Comment: This reduction in the SET’s weighting has been a multi-year process.

SPVI sets 10% conservative growth for next year, with clear growth seen in 1Q21 from full quarter recognition of iPhone 12 sales and 3-4 new U-Stores.

STARK sees strong momentum in 4Q margin, after acquisition of…

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