Kaohoon’s Top News on August 26, 2021

– Jay Mart (JMART) is set to make a big announcement! Paving the way for BTS Group Holdings (BTS) to acquire 300 million shares in JMART via a private placement. This partnership would benefit JMART in a variety of ways, including finance, insurance, big data, rabbit cards, and lending storefronts on BTS stations. Additionally, it has been reported that Bangkok Bank (BBL) is prepared to lend ten billion for this transaction. Keep an eye out on JMART for the possibility of capital raising in order to repay debt and lower interest.

– Thailand’s Centre for Covid-19 Situation Administration (CCSA) today (August 26) will reconsider country reopening and lockdown easing beginning September 1, 2021. The government has proposed a measure to allow restaurants to open for indoor dining at 50% capacity, and to reopen some businesses and stores such as construction, furniture, home décor, massage & spa, IT, and golf course. To take advantage of this situation, analysts have recommended buying 22 stocks such as CRC, COM7, M, AU, ZEN, OISHI, GLOBAL, and DOHOME.

– Energy Absolute (EA) is convinced that it will accomplish its 20% earnings growth target this year, with plans to begin manufacturing of a 1 gigawatt lithium-ion battery phase 1 by the third quarter of 2021 and to deliver 500 electric vehicles this year, ensuring readiness for the New S-Curve. Meanwhile, BANPU invested in newly issued shares equal to 30% of Beyond Green (BYG), a key step toward boosting the growth of e-mobility services.

– Following Thailand’s decriminalization of the possession and sale of kratom, NR Instant Produce (NRF) will export 150 tones of kratom goods to the United States in December.  Kratom is expected to contribute significant revenue to the company in 2022. Additionally, NRF is studying the possibility of opening a mental health rehabilitation center that treats depressed patients with Kratom.

– Triple I Logistics (III) anticipates record earnings in the second half of this year, buoyed by seasonality, its four main businesses, and increased joint venture profit sharing. III has recently entered the Singapore temperature-controlled transport market, with the goal of becoming the hub for COVID-19 vaccine shipping in Asia. Thus, the company is sure that revenue will increase by more than 100% this year. By 2022, III’s goal is to establish a new commercial network rail transport. 

– Kaohoon Turakij recommends buying 7 stocks with a good dividend yield of 2-5% prior to the August 27 ex-dividend date, led by TMT Steel (TMT) with a yield of up to 5.17%, followed by Thai Vegetable Oil (TVO) with a yield of 3.82%, Lalin Property (LALIN) with a yield of 3.06% and DRT, RCL, PSH and PSL all with a yield of 2%.