Thai Stock Market Roundup Sep. 21
A short summary to inform you of what is going on in Thai stock market on September 21, 2018.
– Nomura revaluates PYLON, giving upside 35% with a TP at ฿10/share.
– Amnuay Thongsathitya moves to IRPC’s Chairman of the Board position.
– The Ministry of Tourism and Sports reveals the number of tourists grow almost 10% in 8 months period.
– The Port Authority of Thailand is considering a term of reference (TOR) for 3rd phase of Laem Chabang Port.
– PJW is having a good year, aiming to grow 8%. Meanwhile, the company in China has been established and it is expected to gain 100 million baht of revenue in 2019.
– KGI Securities gives “Outperform” KTB with a TP at ฿21.50 from bank merging.
– Bualuang Securities suggests to “BUY” AOT with a TP at ฿80, despite fewer Chinese tours.
– THAI hikes 14.93% investors delight the ฿100bln. project is “under review”.
– Thailand is becoming a colossal automotive hub.
– The Supreme Court upholds the ruling on EXAT compensating ฿1.8bln. to BEM
– The proprietary trading still led the market in purchasing power along with the local institutions with a total of 2.65 billion baht in value.
– SET closed at 1,756.12 points, up 4.01 or 0.23% with a total value of 78.6 billion baht.