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 […]
Read More →CKP reaffirms solid 1Q from higher power generation efficiency at Nam Ngum 2 hydro powerplants in Laos and full quarter contribution of 2 co-gen powerplants in Ayudhaya (BIG phase 1&2) 118 & 120mw, 1,285mw Xayaburi hydro powerplants in Lao to cod in October, will book 37.5% revenue sharing from the investment, target 8-10% revenue growth […]
Read More →Notable Transactions Buy(s) THB 304 mn BTS – Boom he’s showing that he still thinks his name can run EVER – Hmmm what change is going on with the shareholders here? Sell(s) THB 235 mn JKN – I’m not entirely sure what is going on here, several strange movements BTS – Selling the warrants to […]
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