ACG moves from MAI to SET under auto sector, effective from July 1 onwards. BDMS has entered into an agreement with China-based Ping An Health Insurance to tap the lucrative Chinese medical tourist market, target Bt1-2b p.a. in revenue. BWG board approved listing of renewable pp subsidiary, Earth Tech Environment, on MAI, expects 2H turnaround […]

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AAV to resume all 25 domestic routes by July, sold 41K seats in a single day on June 23 Comment: And today they’ve launched a pay one-time 2,999 for 6 months special deal. BAM mulls selling Bt25b CD, funding NPAs acquisition in 2H, sees lucrative opportunities in tourism segment. Comment: Would be amusing to see […]

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The market has pulled back from its peak earlier in the month. So now what? Still of the viewpoint that we’ll see certain sectors outperform others and that those are global/cyclical players…anything related to aspirational spending is probably dead for a while..or perhaps I don’t understand why people overspend. Also note…US Fed is still reducing […]

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Notable Transactions Buy(s) THB 255 mn KCE – A family member buys in. Perhaps for the first time of size in 5-6 years. BEC – Multiple family members buy THB 33 mn each. Sell(s) THB 250 mn STA – Huge sale by the family members. IP – The CEO dumps shares.

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CCSA mulls ‘reopening doors’ : Investors and businessmen based in Thailand, along with medical tourists, would probably be the first foreigners allowed in when the kingdom gradually reopens its doors to outsiders, the Centre for Covid-19 Situation Administration (CCSA) confirmed yesterday. Bangkok Post BoT orders stress tests from banks : Fresh results expected next month. […]

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ACAP: on verge of trading suspension aft default Bt 1.88b CD, tabloid. Comment: Well lets see….SET is rather flexible with how they implement rulings…but w/o a doubt ACAP has defaulted and could do down the IFEC route unless they raise capital. ADVANC’s gearing up for 5G investment in the EEC and applying AIS’s ultra-fast mobile […]

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CHEWA approached by AIMIRT to invest in its ready built factories & warehouse in Amata City IE Rayong for Bt500m, expects transaction completed within 3Q following unit holder approval. GULF sees 35% revenue growth next year to Bt50b on higher revenue recognitions, keeps 10% growth target this year, wraps up one M&A deal oversea and […]

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BBL expects 2Q NIM flat qoq from 2.5% in 1Q as cost of funding also drops from repricing deposits, sees no impact from debt moratorium as consumer lending account for marginal in portfolio. BTS sees full year ridership drops 10% yoy; but no impact to revenue thanks to cod of greenline extension stations, compensation from […]

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BGRIM to wrap up 4-5 M&A projects both at home and abroad, keeps 10-15% revenue growth target this year. Comment: The cookie monster of the energy space in the region.  BBL reports 4M20 mobile banking transactions +28% yoy from C19, target 11m users from 8.6m by end of year. Comment: Now all of the banks […]

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AOT mulls closing some of THAI’s international check-in counter and facilities in accordance with lower number of passenger aiming to curb costs. Comment: Well that took them long enough…with the public announcement re the decline in travelers and no recovery til 2022 in their minds…will they allow King Power to renegotiate? Conspiracy theorists says yes. […]

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