Thai stocks

Bangkok Genomics Innovation Public Company Limited (BKGI), a promising IPO stock, sold 160 million shares, reinforcing its status as a stock. Real biotech! Preparing to trade on the Stock Exchange of Thailand (SET) on March 20, 2024, “Sompop Kirasunthornphong”, Managing Director of Finansia Syrus Securities, as a financial advisor and distribution leader. We believe that the IPO price of 1.63 baht/share is an appropriate price. Moreover, it is a stock with high growth potential. Showcasing the highlights of the medical genomics industry Innovative treatment of the future. In addition, the major shareholders, both China and Thailand, voluntarily lock up partners who do not install the periodic siren according to all SET criteria for 1 year. CEO “Dr. Saowalak Dansakul” stated the market value of medical medicine of the future. Thai nomics It is expected that in 2030 it will increase to 58 billion baht, an average annual growth of 16.4%, or a 4-fold increase from 2021.

Mr. Sompop Kirasunthonphong Managing Director Finansia Syrus Securities Public Company Limited, as the financial advisor and underwriter for the initial public offering (IPO) of Bangkok Genome Company. Kas Innovation Public Company Limited (BKGI) revealed that the subscription of 160 million IPO shares of BKGI with a par value of 0.50 baht at a price of 1.63 baht per share between 12-14. March 2024 has received great interest from investors. This is because investors are confident in the fundamentals of BKGI as a stock. Thailand’s first Biotechnology to raise funds and be listed on the Stock Exchange Under the spotlight is the medical industry Genomics (Genomics), which is considered the treatment innovation of the future. Moreover, the product brand is widely known and accepted by both partners and service users.

In addition, there is an advantage from BGI Group, a world class genetic decoding service provider. is a major shareholder and own innovation Ready to transfer technology and research and also give importance to BKGI as a Flagship to support market expansion plans in the ASEAN region. This will help support the future performance of the company to grow exponentially.

In this regard, the major shareholders who are the Thai people and the BGI group have voluntarily refused to sell the remaining shares due to the prohibition period. (Period sirens) all for 1 year to build confidence for investors.

The fact that BKGI shares have received attention from investors This is because the stock price is set at an appropriate level with strong fundamentals. BKGI is preparing to trade on the Stock Exchange of Thailand (SET) on March 20, 2024, using the abbreviation “SET”. In trading as “BKGI” in the service/medical category

Dr. Saowalak Dansakul, Chief Executive Officer of Bangkok Genomics Innovation Public Company Limited (BKGI), said that the medical industry, Genomics, or the analysis of the genetic sequence of living things, life There is a trend of continued growth. The Krungthai COMPASS Research Center estimates that in 2030, the value of the Thai genomics market will reach 1.7 billion USD, or approximately 58 billion baht, with an average annual growth of 16.4%, or a 4-fold increase from 2021.

In this regard, BKGI’s revenue from reproductive health services during 2020 – 2023 has an average growth rate of 23.40% per year.

“BKGI’s business has the opportunity to grow exponentially. Because it is an industry that is in a global mega trend, BKGI can provide inspection services. and genetic screening at every age from before pregnancy, analysis of infectious disease groups and other analysis related to genetics Under the trademarks include NIFTY, VISTA, NOVA, BGI-XOME, COLOTECT, SENTIS and DNALL, which are accepted by partners and service users.”

In addition, it has strengths from having BGI, a world-class genetic decoding service provider. In transferring NGS (Next-Generation Sequencing) technology and receiving support from the BGI group in various areas to support plans to expand overseas markets in the future, which is considered New Growth of BKGI.

BKGI provides medical analysis services. By using modern scientific technology that has been transferred from the BGI group, a major shareholder. which is one of the world’s leaders in genetic decoding To be used in the development of BKGI’s analysis to ensure the Thai population has better, sustainable health in the future.

By the nature of business Can be divided into 2 types: 1. Laboratory screening and analysis service business Which is divided into 4 types: 1) Screening for genetic abnormalities in reproductive health 2) Analysis of infectious disease groups, such as testing for genetic material of the COVID-19 pathogen. and immune testing. 3) Other screening tests include screening for gene groups that are related to cancer. and screening for other inherited diseases and 4) providing technology services

2. Business selling other products such as equipment sets for collecting specimens. COVID-19 virus screening solution and reagents for testing immunity against COVID-19 and equipment sets for comprehensive genetic abnormality testing, etc., including in the future Dietary supplements will be sold. to customers who use detailed genetic decoding services for individuals According to the doctor’s advice

2024-03-14 10:26:00
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TISCO Securities reveals 5 factors supporting the SET to exceed 1,405 points, recommending choosing the tourism sector – stocks that have positive supporting factors.
TISCO Securities reveals that Thai stocks are setting a new baseline, looking at a range of 1,350-1,405 points and revealing 5 positive factors for the stock market. In terms of investment strategy, I like domestic consumption stocks – tourism – stocks that have unique positive factors.

Hot topic: Brokers gradually cut SET-profit targets for companies after budget – GDP for 2023 was lower than expected.
Brokers are gradually cutting SET – EPS targets for 2024 after budget – GDP for 2023 is lower than the market expected. The new SET framework is expected to be at 1,470 – 1,600 points, while EPS has been cut to 91.5 – 92.1 baht/share. Keep an eye on this. Many other brokerages are still reviewing the numbers. Expect many more cuts to follow. Most recommend a survival strategy of gradually accumulating stocks for a strong 2024 budget.

Opp Day Summary: INTUCH expects this year’s revenue to grow 13-15%, aims to sell startups to find opportunities to invest in larger companies.
INTUCH expects this year’s income to grow 13-15% based on ADVANC’s performance. As for investing in startups, there are currently 6 remaining in the portfolio, waiting for an opportunity to sell to make a profit. and find opportunities to invest in larger companies

TTB accepts that this year NPL is likely to increase from 2.6% to 2.9%, moving forward with organizational transformation in 4 areas.
TTB admits that in 2024 the NPL trend will continue to increase from 2.6% to 2.9% after the end of BoT measures and the shift to lending with high returns. Ready to launch a plan to drive the business strategy forward with LEAD the CHANGE, accelerating organizational transformation through 4 areas, and joining hands with leading partners to create Ecosystem Play.

BYD aims for 2024 revenue to reach 1 billion baht – invests 3 billion baht in investment to expand securities business
BYD aims for 2024 revenue to reach 1 billion baht in response to the securities business expanding at full speed. Hoping to release more lone margin The latter is currently valued at over 800 million baht and is ready to invest 3 billion baht and is ready to expand the securities business and electric bus business.

Opp Day Summary: WHA sets a target for total land acquisition this year at 2,275 rai, hoping to close the Data Center deal to invest in Thailand.
WHA reveals this year’s plan, targeting land sales of 2,275 rai after land reservations in Thailand and Vietnam continue to be good. Including benefiting from foreign investment in Data Centers that are in the process of negotiating many deals. Hope to close the deal soon and aim to sell another 213,000 sq m of REIT assets, total value 5,290 million baht.

MK reveals shareholders give green light to restructure business Plans to sell shares in health services business to parent company within this year
MK revealed that the shareholder meeting gave the green light to restructure the business. Move forward with purchasing stocks and investment units, warehouses, and factories for rent. Preparing to sell shares in RWX health service business to FNS, expected to complete within 2024.

ICHI announces 2024 revenue to reach 9 billion baht, gross profit 23%, launches “TAN POWER” to penetrate the Non-Tea market.
ICHI sets a 2024 revenue target of 9,000 million baht, moving forward with its Non-Tea offensive plan, preparing to launch “TAN POWER,” an Energy Drink glass bottle priced at 10 baht, strengthening its portfolio and looking to expand its production line. Hopes to push sales to 10 billion baht by 2025.

The Thai Airlines Association responds to the policy of “Thailand being a global aviation hub” and urges the law to be unlocked to be more flexible.
The Thailand Airlines Association confirms that 6 airlines are ready to support the government policy to push Thailand to be the aviation hub of the region. Call for unlocking regulatory measures for flexibility.

Opp Day Summary: MGI aims to double this year’s revenue, hinting that institutional partners are interested in investing in shares.
MGI aims for this year’s revenue to grow 2 times from 2023, benefiting from the Miss Grand Thailand contest – a project to search for new female singers. Indicating that institutional investors are interested in investing in shares. Confirming that there are still no plans to move stocks into the SET market.

BAM sets a target for collections this year to reach 20,000 million baht, hoping to conclude a deal to establish an AMC with a bank.
BAM sets this year’s target for collections to reach 20 billion baht, along with a budget to buy debt of 9,000-10,000 million baht and purchase assets into the portfolio worth 70,000 million baht, showing the trend for the 1st quarter of 2024, performance will continue to grow. Ready to hope that the deal to set up AMC together with the bank and state bank has been concluded.

ACPG opens a 3-year investment plan with a budget of 9,000-12,000 million baht to buy NPL-NPA after the BoT measures end.
ACPG opens a 3-year investment plan, 67-69, with a budget of 9,000-12,000 million baht, to buy NPL-NPA, prepare to expand the portfolio to receive growth opportunities, see more NPL flowing into the system. After the BoT’s easing measures end

SEC adjusts criteria for reporting IPO stock sales results Before the stocks are entered for trading on the first day, effective March 1, 2024.
The SEC has updated the announcement regarding the reporting of IPO share sales results so that investors can know information that is useful for making investment decisions before the first day the shares are listed for trading on the Stock Exchange. It is effective from 1 March 2024 onwards.

B-WORK pays its 22nd consecutive dividend at the rate of 0.227466 baht per unit on March 22.
BBLAM reveals that Bualuang Office Leasehold Real Estate Investment Trust or B-WORK is preparing to pay its 22nd dividend at the rate of 0.227466 baht per trust unit on March 22, 2024.

BAFS is ready to promote SAF-asks the government to review oil excise taxes to support Thailand becoming a “world aviation hub”
BAFS responds to government policy Develop Thailand’s potential in every dimension to become “Regional Aviation Hub (Aviation Hub)” ready to request review of excise tax After being a restriction affecting expensive air ticket prices – moving forward to promote SAF production with safety according to standards.

SSP reveals board gives green light to invest in solar power plant worth 1,220 million baht in Taiwan – continues to expand business overseas
SSP board gives green light to invest in solar power plant, size 17 megawatts, investment value not exceeding 1,220 million baht, ready to expand business abroad. Revealing wind power plants in the Philippines, expected to be finalized by June 2024. Total investment value is more than 10,000 million baht.

SEC approves filing of “BPS Technology (BPS)” ready to sell 120 million shares in IPO, moving forward to mai
The SEC approves the filing of “BPS Technology (BPS)” to prepare to offer 120 million shares, moving forward with expanding the business of installing solar roof-top electricity generation systems, smart home projects and areas. Fiber optic network technology for communication (FTTX) within buildings that meets modern real estate trends.

SET confirms MGI shares are not allowed to be short sold, finding robots trading only 2-3% of the volume
Stock Exchange Clarifying the facts, confirming that MGI is not allowed to do short selling and specifying that trading between 29 Feb. – 1 Mar. ’24 was 98% retail trading. Currently, it is still under the highest level of trading supervision measures. Indicate if the trade is inconsistent with the fundamentals Suspended from trading for 1 day

MGI sends “Ingfah-Charlotte” to star in a new series – select contestants for MGT 2024, push to be “T-Pop” the new band
MGI joins hands with TVT to produce a new series and sends “Ingfah-Charlotte” to join the lead roles, ready to air in Q36/23. In addition, they are preparing to select contestants for Miss Grand Thailand 2024 to join the project. Searching for 8 new female “T-Pop” singers to be sent for training in South Korea.

Source: E-Finance Thai News Agency

2024-03-04 23:22:00
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