Crisis deals B50bn hit to tourism : The coronavirus crisis is likely to cost Thailand at least 50 billion baht in lost tourism income associated with China’s blanket ban on tourists leaving its affected cities, according to the Tourism Council of Thailand. Bangkok Post Govt ‘in full control’ of outbreak : PM moves to allay […]

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Arbitration Court orders ADVANC to pay Bt31b plus 1.25% interest to TOT on dispute over amended prepaid revenue sharing contract. ADVANC said it has strong financial to deal with this, yet will fight the case in admin court. Comment: This was a surprise to the market but it was well noted in the financial statements […]

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AAV expects to lose 300,000 Chinese passengers during 1Q20, as flights to China make up 30% of its total rev, to ramp up India and Japan routes. Comment: Well given the Thai government’s response to the virus I doubt that the international travelers from India and Japan are going to make up for the short […]

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BAM may report Bt12b FY19 prft, +122% yoy and pay Bt1.3 dividend or 5% yield, and thrive in weak econ, Tabloid. Comment: If you think this should be trading similar to JMT then its worth 2x. But do realise that BAM’s business model is different.  D’s appointed by Carl Zeiss Meditec AG to be sole […]

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AMATA signs consortium with Dept of Urban and Housing and Development (DUHD) to develop smart city in Yangon Myanmar, AMATA will hold 80% of the projects. Comment: The share price has finally come off (with the market) but I still wonder where are these land sales? BBL no cash call plans for Permata acquisition, seeks […]

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And Now the market is down for the year, the 12 months etc etc. It’s been quite the start to the year, Iran/US, a flu virus and domestically the budget is delayed (again) because some MPs went on holiday and had their friends vote on their behalf. So the question is now…do you think China […]

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Notable Transactions Buy(s) THB 173 mn ACE – Well the news is that the father/husband of this group, is a police man (well known) and has lost his key position in the police force. Of course the company announced that there is no impact on the business, and the key shareholders have bought back a […]

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World Bank rings alarm on GDP view : Years of subpar growth in store if Thai status quo prevails, lender says. The World Bank has warned that Thailand’s average annual economic growth will be stuck below 3% if there is no significant increase in investment and productivity growth. Bangkok Post Looming giant catches a cold […]

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AGE sets Bt8b revenue target this year, 3.6m tons of coal sales, aggressive in logistic business expansion. BBL launched QR code worldwide digital payment services via mobile app, BBL BeWallet. Comment: Now that’s something! CI to bk Bt210m from disposal of 15.74% (15.74m shares) of BKKCP to 4 private investors in 1Q20; will hold 17.55% […]

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AOT said coronavirus had no impact on arrival January to date as seen in 2% growth, confident of 5% growth this year, have plans to handle the outbreak. Comment: The drop will be seen in the coming weeks/months should this continue. DTC acquires F&B catering services business in Vietnam, The Caterers, for US$3.9m (Bt117m). Comment: […]

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