– The analyst warned that the share price of DELTA is expensive while having a low free float. The source in the capital market stated that a group of Taiwanese investors has been purchasing DELTA since the share price was around ฿100.00/share through a security company in Thailand. The shares have been traded with a limited purchasing pressure to avoid the “Cash Balance” restriction, resulting in the share to be listed in SET50, which forces institutional investors to include its share in their portfolio. In the meantime, DELTA stated that it will report outstanding earnings in 4Q20.
– MTC stated that its car title loans (C4C) are expected to grow to 3.6-3.75 million of customers from the current 3 million, while not concerning the listing of BAY’s NTL in the stock market, seeing that both companies have different targeted customers.
– Morningstar revealed that SSF offered a return of 34% in its 6-month period, led by K Positive Change Equity Fund with a 34.12% return, followed by ONE Ultimate Global Growth Fund with a return of 33.72%.
– Mr. Harald Link, the new CEO of BGRIM, stated that the company will move forward in the restructuring program to support its business expansion domestically and internationally. The company targeted its production capacity to reach 7,200MW within 2025.
– SA expected to propose to its shareholders to issue a dividend payment for the first time in 10 years. The company estimated that its retained earnings at the end of 2020 will be around 1,000 million baht, while having the momentum for continuous growth for the next 3-5 years, supported by its assets worth 50 billion baht a backlog worth nearly 9.5 billion baht.