And he’s out with his latest commentary, this time around he talks about the key issues surrounding the market today, a decent 5-10 min read, enjoy! Note: Because it’s only email that one receives when subscribing to Blackstone there is no link so I’ve posted the commentary in its entirety below. Sifting through the Clutter […]
Read More →ADVANC’s board to decide on May 9 whether to take up Government’s offer to defer payments of 900MHz license fee, sets 1m AIS Fibre customers and becoming top 3 by 2021. Comment: Of course the telco’s are going to take it, its free savings. Absolutely ridiculous move by the government. AP to launch Bt8.8b JV […]
Read More →AOT reports passenger traffic at SIA during TNY Apr 9-18 at 1,874,866, +7.18% yoy, aircraft movement +9.73% yoy to 10,306 flights during holiday. Comment: This is interesting, because it may imply that the increase in travellers may be Thai’s going abroad as opposed to tourists visiting Thailand given the latest tourism data. BEC board to […]
Read More →Notable Transactions Buy(s) THB 83.9 mn WP – The Acting CEO bought 1.5% of the shares Sell(s) THB 1. 9 bn NOBLE – All over the news in the past 2 weeks, the nephew has returned to buy back shares from his uncle and he’s brought BTS group with him ROCK – A big lot […]
Read More →Every sector is green except for industrials…specifically this is IVL et al. So my random thoughts on the market? Hasn’t changed, good til now given the sharp drop in 4Q18, earnings are still average (at best) and valuations are high-ish. Plus who knows what is going to happen on the 9th May when the election […]
Read More →1. EC to push ahead with formula : FFP looks set to take biggest list-seats hit . The Election Commission (EC) will press ahead with its controversial method to calculate and allocate partylist seats. Bangkok Post 2. Central bank’s net loss shrank to B154bn in 2018 : The Bank of Thailand’s net loss narrowed to […]
Read More →BEM’s firm in solid 1Q, while targeting 4-5% growth in 2Q, average ridership of 370-380K/day to rise further on operating of Blue line extension later this year, potentially a month ahead of schedule. BGRIM sets Bt38.5b capex to build powerplants, sees healthy electricity demand from industrial estates clients, in talk to buy 36mw wind farm […]
Read More →AMATA sees positive momentum 2Q from strong demand for IE land from Chinese investors, expects sales jumps 2H from additional contracts signed, 60% of Bt3.6b backlog to realize this year, sets Bt100m budget to estimate IE in Myanmar. Comment: There has been zero momentum from AMATA… BJC pays Bt0.55 dps, XD May 21, will debut […]
Read More →AP sees mmtum into 2Q frm real dmnd after 25% jump in 1Q presales to Bt41.8b. Comment: If 2Q #’s for the sector aren’t shit, then watch the sector re-rate positively, if they are then just look at LPN’s share price ASAP upbeats 2Q erngs frm surging car rental rev frm travelling dmd during long […]
Read More →AAV adds new route to Sihanoukville beach town in Cambodia, 4 weekly flights on route from July 1. Comment: Gotta love Airasia they really are everywhere and as a customer I love it. Has anyone else noticed how strong they are selling ad space on their planes? In the cabins? How they are selling food […]
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