Kaohoon’s Top News on October 27, 2020

Top news from Kaohoon Turakij Newspaper to start the trading day on October 27, 2020.

GULF expected the COD of 5,000MW IPP to progress as planned as GSRC Power Plant with a total production capacity of 2,500MW to commercialize its first phase of 625MW in March 2021 and another 625MW in September 2021, another 625MW in March 2022 and September 2022, respectively. As for GPD Power Plant with a total production capacity of 2,500MW, the company expected to commercialize in succession starting March 2023 – September 2024.

– Analysts estimated MTC to report a net profit of 1.31 billion baht, an increase of 20.9% YoY due to an expansion of its loan portfolio.The executive cars loan to grow next year, while revealing that Institutional Investors and Foreign Investors still hold MTC’s portion at 12% and 15%, respectively. The analyst recommended “BUY” with a target price at ฿69.00/share.

DHOUSE closed its first trading day with a gain, while revealing a 5-year plan to increase its revenue to 1,000 million baht and rise as a leader in property business in the North-East Region.

BBL, TISCO and KBANK are expected to bounce back after passing the stress test in which the Bank of Thailand (BOT) will make an official announcement within 1-2 days.