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Startups also in need of government help due to COVID impact
The government has been concentrating on small and medium enterprises (SMEs) but the even smaller ones like startups also require supports if they are to survive the economic downturn, experts said on Monday.“Entrepreneurs are being neglected big time, especially...
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MK Group to delay business expansion and focus on profitable branches
MK Restaurant Group, a leading company in the restaurant business, is planning to slow down its chain expansion and other further investments to cope with the COVID-19 impact.Rit Thirakomen, the founder of MK Group, said that the restaurant business...
EnquiStock
Stock Breakdown: JMT
The company offers debt collection service for a fee of 8-10 per cent pa and buys distress debt for capital gains. Recent interest in the share price appears from the assumption that adaption of IFRS9 accounting standard by banks...
EnquiStock
Stock Breakdown: Tipco Asphalt
A highly cyclical stock linked with international price of crude and asphalt. During the lockdown of China and Malaysia in 1Q, its asphalt sales suffered which led to reduction of asphalt production from its plant in Malaysia – which contributes...
EnquiStock
Stock Breakdown: COM7
This stock is one of the most expensive on our radar. The company is a retailer/distributor of mobile phones, tablets, and other IT accessories from bricks and mortar store brands Banana IT, Studio 7, iCare, etc. It also runs 166...
EnquiStock
Stock Breakdown: Siam Global
Majority owned by Siam Cement, Siam Global (GLOBAL) is the group's home renovations and construction materials chain. As with other retailers, it has suffered from the COVID-19 infections spread during last quarter – and may report contraction in sales...
EnquiStock
Stock Breakdown: TQM Corporation
TQM Corporation is a leading insurance broker in Thailand that is aggressively expanding its network via acquisitions, online policy sales, and business alliances with consumer brands such as BIGC.It is a pure insurance broker and does not assume any...
EnquiStock
Stock Breakdown: Sri Trang Agro
The maker of rubber gloves and sheets has seen a sudden change of fortune as the COVID-19 pandemic suddenly exponentially increased the demand for gloves. Demand for gloves in the last four months has led to super normal profits...
EnquiStock
Stock Breakdown: Carabao Group (CBG)
Carabao (CBG) the energy drink maker has been a sensation since listing its shares in November 2014 at 28 baht per share. In the last six years, its revenue has doubled to almost 15 billion per year, whereas annual...
EnquiStock
Stock Breakdown: CP FOODS
CP FOODS (CPF) has become a food giant in the region during the last 20 years, with analysts tending to make recommendations based on the price of chicken and pork in Thailand and in the region. CPF is a leader...
