Kaohoon’s Top News on June 29, 2021
Top news from “Kaohoon Turakij Newspaper” to start the trading day on June 29, 2021.
Top news from “Kaohoon Turakij Newspaper” to start the trading day on June 29, 2021.
29 มิ.ย. 2564

12 Thai and foreign institutions provide Gulf Energy Development (GULF) with 174 billion baht of financial funds to tender INTUCH. GULF aims to make a Tender Offer for INTUCH at an offering price of 65 baht between June 29-August 4, 2021, as well as making a Tender Offer for ADVANC at an offering price of 120.93 baht between June 29-August 13, 2021.
Asia Plus Securities (ASPS) forecast stocks in the plastic packaging (SCGP, TPLAS and EPG), hospital (BCH, CHG and BDMS) and game (AS) sectors to benefit from new Covid-19 restriction measures in 10 provinces starting June 28, 2021. 
Krungthai Card (KTC) expects a net profit of 1,619 million baht in 2Q21, up 40.9% YoY, as credit card spending returned to pre-Covid levels, finance expenses went back to normal levels, no extraordinary pre-provisioning was made, and loans expanded 5.1%. Mr. Rathian Srimongkol, the company’s CEO, is confident that the net profit would set a new record this year. Analysts have set a target price of 84 baht for KTC.
Intermedical Care and Lab Hospital (IMH) stated that numerous private enterprises, including publicly traded companies, have received China’s Sinopharm vaccination service. By 3Q21, the company targets to administer 50,000-100,000 vaccine doses, claiming its capability of 10,000 shots per day. As a result, IMH projects total income to reach 600 million baht in 2021.
Global Green Chemicals (GGC) revealed that Nature Works plans to invest in PLA’s bioplastics plant, which will be built as part of the Nakhon Sawan Biocomplex Phase 2 project. The PLA bioplastics factory will have an installed capacity of 75,000 tonnes per year. Mr. Piroj Samutthananont, the company’s Managing Director, anticipates a positive result in the second half of this year as oil demand recovers.
PSH, SENA, SPALI, and AP are all whingeing about the government’s new Covid-19 restriction measures, which require the closure of all workers’ camps in several provinces for one month, citing massive effects on the property market and the potential loss of up to 40 billion baht due to delays in transfer and new launch projects.