DELTA sees COVID-19 weighing on 1Q20, yet firm on 5% revenue growth target this year, sets Bt$200m capex for M&A in India. Comment: We think its going to knock off -20% off the markets revenue (excl energy) GULF’s board approve par split from Bt5 to Bt1 to boost liquidity. Comment: Liquidity? The stock has plenty […]

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The market woke up this morning with a serious flu with the whole region down 1-2%. It’s not much of a surprise given the supposed 2 weeks period that it takes for the flu to appear in people. I suspect this week will be peak fear. Should the analogy to SARS hold that by the […]

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