Kaohoon’s Top News on December 17, 2020

– DTAC vowed to remedy its customers who failed to receive an OTP from dtac within the timeframe to register for the government’s 50-50 co-payment scheme. Meanwhile, TRUE and ADVANC took the opportunity to promote its promotion for customers who want to switch services.

– JAS appointed Mr. Subhoj Sunyabhisithkul, Director, as Acting Chief Executive Officer, endorsing that Mr. Sunyabhisithkul is suitable for the position as he has been working with the company for more than 32 years. The company could be joining ADVANC and TRUE in an M&A deal next year.

– WICE expected that the result in 4Q20 will make a new high for 3 consecutive quarters to support revenue this year, almost Bt3.2bn, while in 2021, the set the revenue growth 50-60%YoY which supported the electronic and communication devices boom.

– SAWAD expected its loan portfolio to grow 100% after taking over SCAP. The company also expected to join NOBLE for NPL managing business. The analyst estimated SAWAD’s profit to constantly increase next year, while FTSE All World will increase its weight in SAWAD tomorrow, giving a “BUY” recommendation with a target price at ฿72.00/share.

– SET announces the results of the selection of securities used for calculating the SET50 and SET100 indexes, revealing BAM, COM7 and DELTA as expected, while JMART, MBK are all listed on SET100, effective in the first half of next year or 1 Jan-30 Jun 2020.