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Current Valuation of BAM and CHAYO Brings Upside Gain Potential
Current trading price of BAM at 16.80 THB and CHAYO at 12.10 THB gives room for higher gains with growth in earnings
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ILINK Books 4th Day of Gains after Continually Acquiring New Projects
ILINK rose ฿0.50/share or 6.41% to ฿8.30/share, the share has climbed for four consecutive days, having increased from 6.90 baht on July 27, 2021.
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Thai AirAsia Prolongs Flight Suspension Until August 31
AAV extends a period for temporary suspension of its all scheduled domestic commercial flight operations starting July 12, 2021 until August 31, 2021.
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ILINK Sign a ฿84Mn-Contract for Construction of Underwater Optical Fiber Cable
ILINK announced that the company has completely signed the Contract for construction of Underwater optical fiber cable and procurement of equipment via e-bidding.
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FTREIT Announces 12.1% Growth in 9M21 Total Revenue and 3Q21 Distribution of ฿0.1690
FTREIT recorded YoY growth of 12.1% in its total revenue to THB 2,539.9 million for the first nine-month of 2021, while net investment income increased by 15.7% YoY to THB 1,752.8 million.
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Stocks in Focus on August 3, 2021: PTT and GFPT
Stocks in Focus on July 3, 2021: PTT (TP at ฿48.00/share) and GFPT (TP at ฿14.60/share).
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“Banthoon Lamsam” Recognized as Asian Financial Industry Leader
The Asian Banker has recognized “Banthoon Lamsam” as a highly accomplished leader in the financial services industry.
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ADVANC Falls 2% as Credit Suisse Downgrades Its Rating with a Big Target Price Cut
ADVANC dropped ฿4.50/share or 2.49% to ฿176.00/share after Credit Suisse downgrade its rating on ADVANC to NEUTRAL.
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Kaohoon’s Top News on August 3, 2021
Top news from “Kaohoon Turakij Newspaper” to start the trading day on August 3, 2021.
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Thai Baht Plunges Record Low in Months against US Dollar
US Dollar takes a toll against Thai baht with slow vaccine rollout and escalating COVID-19 infection rate in Thailand.
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Oil Prices Fall 3% Last Night as Concerns over Economy Slowdown Grow
WTI and Brent Crude fell more than 3% last night after indicators showed a slowdown in factory activity.
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THCOM Records ฿41Mn of Net Loss in 2Q21 as Income Drops from a Lack of One-Time Gain
THCOM recorded a net loss of 41 million baht in 2Q21 without a support from compensation income as in 2Q20.
