Kaohoon’s Top News on December 23, 2020
Top news from Kaohoon Turakij Newspaper to start the trading day on December 23, 2020.
Top news from Kaohoon Turakij Newspaper to start the trading day on December 23, 2020.
23 ธ.ค. 2563

– Thai PM vowed to not impose a full-scale lockdown after a resurgence of local transmission of Covid-19 in Thailand, while the analyst advised investors to keep a close eye on the MPC meeting today, which is the last meeting in 2020, stating that there is a chance for the MPC to cut interest rate which will benefit financial stocks such as SAWAD and MTC, and real estate stocks such as AP, SPALI and LH. Meanwhile ADVANC and INTUCH are recommended for high dividend-yield stocks.
– NOBLE revealed its plan in 2021, expecting to partner with BTS to develop 5 projects of high-rise and low-rise condominiums. Meanwhile, the company will initiate 4 investments in “U” with a total value of 23,000 million baht. The company expected to launch 11 projects next year with a total project value of 45,100 million baht, projecting its revenue to reach 11,000 million baht in 2021.
– EPG expected its 2H performance to outperform due to higher sales of “Aeroklas” auto parts. Meanwhile, EPP’s business is expected to grow higher in line with the higher food delivery orders, expressing confidence in its GPM at 28-30%.
– The Bank of Thailand reported that 66% of corporates were able to pay the debt normally, while 70% of individuals debtors returned to normal. Thus, BOT deemed another relief measure is not required.
– IND closed its first trading day with a gain of 170.91% at 2.98/share, increased 1.88/share. IND’s CEO expected its revenue to reach 700-800 million baht next year, representing a 15-25% growth. The company expected to book a revenue of 600 million baht in 2020 with a backlog of 530 million baht.