Thai Stock Market Roundup February 5, 2019

– SCB optimized new management structure and moved “Arthid” to CEO along with four other MDs to be presidents.

– Q-CON showed an amazing 9x growth of profit from 5 billion baht in 2017 to 57 billion baht in 2018.

– KPN Land added another 5.54% of RML’s shares, totaled 20% on hand.

– OCEAN booked plenty of orders from government B20 boosting policy to lower PM 2.5

– TSR announced a marketing strategy in 2019 to focus on “home shopping,” expecting revenue to grow 20% as projected.

– BTS projected 2019 revenue to reach 20 billion baht after the company began to recognize income from the newly opened BTS  South-Green Line.

– CMC projected a 3 billion baht of revenue in 2019, aiming to commence 10 new projects worth 10 billion baht.

– Major investors bought 4.3 million shares of DOD at an average price of ฿14.00/share, totaled 60.20 million baht, higher than the market price that closed at ฿12.40/share on Monday by 12.90%.

– “Thibdee Mangkalee” bought MPG’s shares from its major shareholders to acquired a total of 200 million shares or 20.46% of MPG’s voting rights.

– GPSC asserted that the rumours of Phatra Securities buying GLOW’s SPP1 was the business and concern of the seller, denying any knowledge of the matter.

– Foreign investors rescue SET with ฿362 million to close almost flat, fending selloff from proprietary trading, institutions and individuals.

– SET closed the day almost flat, decreased by 0.53 points or 0.03% to 1,653.09 points with ฿25.3 billion in value. KTB Securities asserted that the market was not as lively as it used to be due to the closing of Chinese markets on the Chinese New Year. From the data, there was a selloff in the petrochemical sector after a constant hike for the past 2-3 days, while more investors put their money in the retail sector, seeing this behavior as a switching.

 

Top 10 Most Impact Shares on February 5, 2019