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Analysts expect to see new high on STGT profit in the third quarter as rubber gloves demand surge
Analysts estimate that Sri Trang Gloves (Thailand) PCL (STGT)’s profit will hit the highest peak in the third quarter of 2020 after it has had a strong performance throughout the year and while the rubber gloves market is still...
Main
Thai Airways to absorb Thai Smiles as low cost arm has proven to be dead weight
Thai Airways International PCL (THAI) revealed on Wednesday that it is preparing to terminate its low-cost carrier Thai Smile after continuous losses of 10 billion since 2013.As part of the troubled airline's rehabilitation process, Thai Smile Airways will be...
Main
VGI and PLAN B adversely affected by low ridership during coronavirus pandemic
VGI PCL (VGI), a leading out-of-home media service operator, reported a net loss of 104 million baht in the first quarter of the 2021 fiscal year, reflecting the severe effect of the coronavirus pandemic.In
the past months, a coronavirus outbreak...
Main
Central Retail reports second-quarter loss of 2.6 billion baht; fashion sales hit hardest
Central Retail Corporation PCL (CRC) reported its second-quarter financial performance for 2020 as the company’s earnings came in at a loss of 2,590 million baht, sharply declining by 293 per cent year-on-year and 448.7 per cent quarter-on-quarter. The results missed...
Main
BOT reports sharp drop on 2Q bank’s profit and NPLs rise by 3.09 per cent
The Bank of Thailand (BOT) has announced the commercial banks' performance results in the second quarter of 2020. All banks had a sharp drop in profitability and the amount of non-performing loans (NPLs) increased by 3.09 per cent.Tharith Panpiemras,...
EnquiStock
Enquistock: Stock volatility and recommendations
I recently received a few calls from our readers seeking advice on a few stocks whose share prices suddenly started rising very sharply. Many inquiries were related to Delta Electronics, Hana Electronics, Do Home, and Sri Trang Gloves.This...
Market Watch
Stock Analysis: Carabao Group
A stellar second-quarter profit continues to keep the charm for this stock.In 2020, CBG returned with 24 per cent, 22 per cent, 7 per cent, 17 per cent and 5 per cent in April, May, June, July and...
Market Watch
Stock Analysis: COM7
The story for this stock reads pretty much the same as other retailers.COM7 reported a somewhat poor second-quarter result. Expectations were very high from this company and the chance of disappointment is very real as the stock reached...
Market Watch
Stock Analysis: Siam Global
GLOBAL's second-quarter profit was down as estimated. Analysts have increased the profit forecast for 2020 with a new TP of 19.3 baht per share.With its current share price near the target price, we do not see much upside...
Market Watch
Stock Analyis: TQM Corporation
Investors hope that the COVID-19 outbreak will increase the need for insurance. With expanding network through an online platform and acquisition of distributors, TQM is well placed to capitalize on this trend.This is all well said and well-priced...
