Headline: Best 14 safe haven stocks for investing amid the Russia-Ukraine war
Amid uncertainties from the Russia-Ukraine war, analysts recommend 14 safe haven stocks for investing. Analysts’ picks include TIDLOR, BDMS, BH, LH, SPALI, AP, SC, ADVANC, TISCO, STEC, MAKRO, DIF, TFFIF, and JASIF. Pakorn Peetathawatchai, President of the Thai Stock Exchange, stated that foreign traders are seeking safe-haven assets and are evaluating Thai stocks.
Headline: BANPU expects concluding a deal for nickel mining this year
Banpu Plc. (SET: BANPU) expects to maintain its momentum this year, boosted by increased coal and natural gas prices. Coal prices recently surpassed USD400.00 per ton, while gas prices reached USD5.00 per MMBtu. BANPU also plans to start small-scale nickel mining, which is utilized in the manufacturing of batteries. Meanwhile, Banpu Power Plc. (SET: BPP) targets to ramp up its total installed capacity to 5,300 megawatts by 2025.
Headline: PTG targets a 20% growth in EBITDA in 2022
PTG Energy Plc. (SET: PTG) unveiled a five-year investment plan with the goal of transforming its business from oil and non-oil to co-create ecosystems by leveraging eight global megatrends for sustainable growth. EBITDA is expected to increase by 15-20 percent this year, and that the company plans to enter the digital asset brokerage market this year with a budget of THB4 billion.
Headline: BTS denies ownership of Silom Road, while says that the acquisition of NINE will benefit VGI
Keeree Kanjanapas, CEO of BTS Group, stated that he does not even own nor operate Silom Road Limited, as foreign investors own it. The tender price for Nation International Edutainment Plc. (SET: NINE) shares is expected to be no more than THB3.30 per share, based on the estimated revenue that VGI Plc. (SET: VGI) will receive from the capital increase, which includes the cost of using NINE’s commercial space management rights, that are valued at THB334 million per year, as well as media and public relations expenses of THB411 million per year, beginning in 2024.
Headline: TOP sees its earnings to expand this year as oil prices rise and company realizes earnings from the sale of GPSC
Thai Oil Plc. (SET: TOP) is confident that this year’s performance will be remarkable, owing to increased refining volume and product prices, as well as the recognition of an additional profit from the sale of GPSC shares worth more than THB11 billion.
