EA upbeats 3Q earnings from windfarm high season and full quarter contribution on 80mw Hanuman 10 projects coded April 13, firms on 30% revenue growth target >Bt20b. Comment: The dream is still the EV battery for EA. Where’s the evidence that this is working? HMPRO opened its 84th branch, HomePro Max Mukdaharn, aims to capture […]
Read More →With the 2Q19 earnings all done and showing that the SET/MAI earnings dropped by -18% YoY (thereabouts), it explains why the multiples for the SET are still at north of 18x. August has proven to be a crap month….and since I begun my career back in 2004, I’ve always hated Septembers’.
Read More →Notable Transactions Buy(s) 95 mn EIC – Looks like a reverse IPO is in play BDMS – I really do hope that the government does something about the over charging done by groups such as BDMS, but the President still thinks they’re worth more Sell(s) 232 mn PACE – It’s been quite the fall from […]
Read More →Oath ‘fix’ tipped for today : Govt House event has message from King . Prime Minister Prayut Chan-o-cha is due to lead the cabinet in receiving a message from His Majesty the King at Government House today, in an event believed to be linked with the recent controversy over the swearing-in of the cabinet, according […]
Read More →AMATA m/t 380 acres land sales t/g aft sold 120 acres 1H19, 70% of Bt3.75b backlog to transfer in 2H, in talk to sell IE land sales to CN and JPN clients combined 400 acres, allots Bt4b to add land bank. Comment: I’m just waiting to see this actually happen… BANPU announced stock buy back […]
Read More →AH sees better 2H frm higher auto-parts sales and consolidation of SGAH, boosting overall rev grwth to >10% t/g.Comment: That story is over and played out, the global automotive industry is struggling. BBL said its plan to cut deposit rates won’t hurt performance, firms on 3-4% loan grwth this yr, trades Bt2 XD Sept 4.Comment: […]
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