– Thai Airways’ President (acting) Mr. Chansin begged the Finance Minister to return state-owned enterprise status to THAI to avoid bankruptcy after creditors handed out an ultimatum to maintain all benefits and privileges in exchange for accepting the rehab plan on May 12, 2021.
– Analysts expected the real estate sector to report a combined net profit of 5 billion baht in 1Q21, an increase of 20% YoY. SPALI is estimated to record earnings of 1,125 million baht (+50% YoY), follows by AP which is likely to post a net profit of 900 million baht (+46%) and LH’s earnings would stand at 1,820 million baht (+35%).
– Yggdrazil Group (YGG) to post an impressive 1Q21 result as visual effect, animation and game segments have grown, and Home Sweet Home Survival had a good response. YGG planned to release the game on Playstation, Xbox and smartphone by the end of this year, and also maintained a revenue growth target of 15-20% in 2021.
– Overwhelmingly subscription for TIDLOR brought Krungsri-KBANK mobile apps down. The analyst stated that subscribers would receive at least 1,000 IPO if subscribers are less than 182,000.
IRPC is expected to return to SET50 in the upcoming index reevaluation, as well as STA and STGT. While AAV, ICHI, PSL, SINGER, STARK, STGT, SYNEX and TKN are projected to be listed in SET100 Index from July 1, 2021.
– Massive speculation drove PIMO’s share price to leap over 32% in 4 days following an MOU signing with National Science and Technology Development Agency (NSTDA) and GP Motor to manufacture the electric motorcycle namely GPX, expecting production to begin in 4Q22. Additionally, PIMO revised up its revenue growth target to 30-40% this year.
– 5 energy stocks including ACE, TPCH, UAC, EGCO and GUNKUL are preparing to submit an offer for electricity sales of a 150MW community power plant between April 27-30, 2021.