Kaohoon’s Top News on January 22, 2021

Top news from Kaohoon Turakij Newspaper to start the trading day on January 22, 2021.

– The analyst advised to keep an eye on top 20 banks that will receive an impact from the new free-float measure, expecting passive funds to increase the weight on BBL to 125%. While DELTA, will be weighted down to 49% and at risk of dropping out of SET50.

– The Committee of the Ministry of Transport disputed the Bangkok Metropolitan Administration in a concession extension for BTS, while the Mass Rapid Transit Authority of Thailand stated that it was willing to accept the project back and amend the contract.

WGE recently acquired two more contracts worth 710 million baht, topping its backlog to 2,156 million baht. The CEO revealed that there could be another 2-4 projects coming this quarter, while expecting with confidence that 2021 earnings will outperform.

ACE stated that the company has high confidence in acquiring the community power plant project after the Thai Cabinet approved the electricity purchasing method from a pioneer project worth 150MW. The company asserted that it has experience, technology and capital funds to support the project.

ATP30 increased its capital by 65 million shares in a private placement method to Toyota Tsusho (Thailand) to further Smart Mobility business and support its 2021 revenue. The deal is expected to be completed in early March.