GBX sees Thai stocks fluctuate between 1,300-1,360 points in June 2024.
GBX estimates Thai stocks will fluctuate between 1,300-1,360 points in June 2024 on concerns that the central bank is slowing interest rate cuts after reports of good US economic numbers. Recommend strategies for investing in stocks to benefit from tax measures to support domestic tourism with advice on monitoring the country's political situation. In secondary tourism provinces including ERW-CENTEL-BA-AAV-CPALL-TNP
ANAN announces that it is ready to repay 3,231 million baht in bonds due on July 14 and is ready for exchange of more than 40 billion baht.
ANAN is confident that it is ready to support the bond repayment agreement. Reiterating confidence in investors willing to repay the 3,231 million baht bond on July 14. It reveals that products worth 28,284 million baht are ready for transfer in 2024, and projects worth 40,213 million baht worth 11,929 million baht are ready for delivery in 2025.
“Thai Pressert Group” was converted into a public company. Mai prepares to submit filings to the SEC to enter the market.
“Thai Pressert Group” was converted into a public company. Preparing to enter the Market for Alternative Investment (MAI) and setting up a “Buy Advisory” as a financial advisor. and is in the process of filing with the SEC soon.
SC has surpassed 10,000 million baht in sales in the first 5 months of 2024 and is moving ahead with 8 more projects in the second half of the year worth 13,200 million baht.
SC boasts that sales have exceeded 10,000 million baht in the first 5 months of 2024, and is preparing to launch 8 more projects worth 13,200 million baht in the second half of the year, with a backlog of 16,360 million baht shown. 7,600 million baht annually.
BA joins hands with OR to use SAF fuel – aims to increase usage rate to 1% by 2026
BA joins hands with OR to use Standard Aviation Fuel (SAF) on flights on the Samui-Bangkok route. Accelerating with the “Low Carbon Skies by Bangkok Airways” program with a target of increasing usage rate by 1% by 2026.
Or in the second half of the year, it expects an increase in jet fuel consumption in response to the peak season, and plans to open 4-5 non-oil service stations.
Or expect jet fuel consumption to pick up in the second half of the year. Benefit from high season for airline business – Government tourism promotion measures. After sales volume recovered to 90% of pre-Covid period. There are also references to negotiating additional SAF customers with other airlines. Ready to open 4-5 more non-oil service stations within this year.
The Supreme Administrative Court dismissed the case against the “West Orange Line” and supported the BEM-CK Group which is ready to proceed with the construction.
The “Supreme Administrative Court” dismissed BTS's case against MRTA over fixing the bidding criteria. “Western Orange Line” Non-Bang Khun Minburi (Suvindawang) route, resulting in BEM-CK Group acquiring the right to develop and manage train operations on the route.
TIDLOR is upgrading the company to “Tid Lor Holdings Public Company Limited” to support long-term growth. Get ready to exchange shares 1 for 1
TIDLOR shareholders have given the green light to upgrade it to “Tid Lor Holdings Public Company Limited” and are willing to bring holdings shares in exchange of shares in the ratio of 1 to 1. The stock traded during Q4/24 to support the long-term growth of the group of companies.
EA-NEX prepares to file complaint with SEC – DSI will take action against people who win shares unless prices reflect fundamentals Ensuring the future of the business remains strong
EA-NEX prepares evidence to submit to SEC – DSI sues stock busters Confirms business is still strong and a megatrend unless price reflects fundamentals NEX ready to explain capital increase to support future – build confidence Ready to fix battery business plan Struggling with modern technology, NEX side will enter peak season in second half of year, EV car deliveries will exceed 5,000 units.
EKH provides strong business growth in the second half of 2024. With OPD – IPD – IVF center patient support, full year revenue will grow by 7%.
EKH indicates continued business expansion in the second half of the year. Coon Hospital is confident that revenue will grow at least 7% this year – supported by strong revenue and profit growth from OPD and IPD patient trends, including the benefit from the infertility centre.
TWZ is pushing into real estate, launching a 3 billion baht 'Jet Villa Residence' that generates 300 million baht in rental income per year.
TWZ is moving ahead with the development of the “Jet Villa Residence” project, with an area of 1,000 rai, worth an investment of 2,000-3,000 million baht, before leasing the entire project to the Chinese private sector. It is expected to generate rental income of 200-300 million baht per year and is preparing to raise funds through long-term bonds. Ready to further study warehousing, transport and logistics business.
The RCL-PSL-TTA commodity index fell after falling sharply. Affects the psychology of shipping stocks
(12 Jun 2024)RCL-PSL-TTA Hugging Your Neck Leads Shipping Stocks to Fall Sharply The freight index fell sharply by 2.76% after prices weighed on sentiment across shipping stocks.
Open Broker Comment How much does this affect the Thai stock market ahead of the Progressive Party's dissolution court hearing today?
Open the perspective of leading analysts before the Constitutional Court which is considering the case for dissolution of the Progressive Party today. If the party dissolves, it is expected to affect the limited structure of the SET as it does not affect the stability of the government. The case of the impeachment of Prime Minister “Chetha Tavisin” is very useful.
SET orders will be withdrawn from the “PACE” market, temporarily open for trading from 21 June – 1 July 2024 with cash balance.
The bourse will delist “PACE” bonds from listed security from July 2, 2024, as shareholders' equity cannot be adjusted below zero, and the bonds will be temporarily open for trading. Purchase through cash balance account between 21 June – 1 July 2024.
The BoT directs UOB to expedite the data transfer issue from CITY Bank, stressing that it will follow the progress every week.
BoT rushes to follow the progress and orders UOB to fix the issues after the data transfer takes place and is ready to follow the progress every week. Ask citizens to send complaints to BoT immediately.
The MPC has decided to maintain the policy interest rate at 2.50%, hoping that the government will accelerate the budget and delivery of the digital wallet to support GDP growth of 3% this year.
The MPC voted 6 to 1 to maintain interest rates at 2.5% per annum and to maintain the GDP forecast for this year at 2.6%, which is expected to widen to 3% next year, but GDP is likely to reach 3% this year. .We are still worried about the high levels of household debt as a factor that puts pressure on the economy – digital wallet if the government rushes to deliver the investment budget.
Finance Minister receives Prime Minister's son and appoints BoT board chairman. As for stocks, they fell, confirming that the same thing happened around the world.
Finance Minister Gets Prime Minister's Order Accelerate Staff Recruitment Chair of National Bank Board Sits Thailand's stock market plunges to 4-year low, similar events across the world. This is due to lack of confidence among investors.
PM denies rumors of sending “Kithra” to sit on BoT board. Pointing out that it's illegal – secretly believing the MPC is cutting interest rates today
The Prime Minister confirmed that “Kitirat na Ranong” cannot chair the BoT board because of violation of the law. As he is currently serving as the head of advisers to the Prime Minister, today's MPC meeting is expected to lower interest rates. But don't want to interfere with work.
Finance Minister accelerates FY2024 budget by 70%, urges every ministry to accelerate delivery plans
The finance minister orders all companies to fast track the 2024 budget, hoping to provide up to 70% for the full year, pointing out that any company with problems should speed up solutions. Each ministry insists on developing a distribution plan
The Constitutional Court is going to consider 3 important political cases on June 18, including the dissolution of Kaklai – the dismissal of the Prime Minister – the election of senators.
After the Constitutional Court ordered to consider 3 important political cases on June 18, the Electoral Commission submitted additional evidence in case of collapse “Forward party”: As for the removal of the Prime Minister, 40 senators will submit additional evidence by June 17, ready to accept the decision on the acquisition of senators.
Source: E-Finance Thai News Agency
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