Headline: Minor Group urges Thailand’s prime minister to resume Test & Go program, as well as to lift restrictions on alcohol serving hours for SHA Plus certified restaurants
William E. Heinecke, chairman of Minor International (SET: MINT), urged Thailand’s prime minister to resume the Test & Go no-quarantine program or Sandbox programs, as well as to lift restrictions on alcohol serving hours for SHA Plus certified restaurants, citing the World Health Organization’s assessment that border closures are both arbitrary and ineffective.
Headline: AMATA makes a billion-dollar investment in developing a smart and eco city in Lao PDR
Amata Corporation (SET: AMATA) was granted a concession by Lao People’s Democratic Republic to develop the Amata Smart and Eco City project in Na Toei on a 410-hectare land plot (2,562.5 rai). The development budget is approximately US$1,000 million.
Headline: NER expects to make a record high profit of THB1.7 billion in 2021
North East Rubber (SET: NER) is scheduled to release its fourth-quarter fiscal year 2021 operating results on February 18, 2022. Analysts expect a record profit in 2021 and revenue of THB28,000 million in 2022, owing to ongoing growth in rubber demand. Analysts recommend “BUY” with a target price of THB10.70, expecting a 4Q21 profit of THB544 million, up 29%, and a full-year profit of THB1,789 million.
Headline: Country Group invests THB500 million in establishing “Pi Ventures,” a huge step towards digital startup
Country Group (SET: CGH) invested THB500 million in the establishment of “Pi Ventures” to make investments in potential businesses or digital technologies, such as Metaverse. Analysts recommend that investors monitor CGH’s upcoming plan for introducing its own coin. Meanwhile, Country Group Securities (CGS) has launched the Meta Trader 5 or MT5 smart platform, the country’s first platform capable of autonomously analyzing and trading stocks using a robot.
Headline: TISCO posts a net profit of THB1.7 billion, handing out a dividend payment of THB7.00
Tisco Financial Group (SET: TISCO) reported a fourth-quarter net profit of THB1.791 billion and a full-year net profit of THB6.781 billion in 2021, mainly due to lower provisions. Analysts recommend “BUY” with a target price of THB115.00, anticipating that TISCO’s profit will continue to grow throughout 2022.
