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 […]

Read More →

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 […]

Read More →

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 […]

Read More →

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. […]

Read More →

The BOT decided to wake up and follow the ECB and BOE last Friday night by announcing that no banks are allowed to pay interim dividends. And yet they still say there are no rise in bad loans or NPLs. At what point will these institutions realise that we know they are full of h$it? […]

Read More →

Notable Transactions Buy(s) THB 45 mn n/a Sell(s) THB 103 mn MORE – So a director of this rather funny company sold some shares, this was formerly known as DNA2002, or DNA. Now the company is called “more return”. I wouldn’t be surprised if it is just more return to their own pockets.

Read More →

Ministry cuts oil price, keeps LPG subsidy : The Energy Ministry has cut the exrefinery oil price by 0.5 baht and will continue to subsidise gas purchases as part of its ongoing measures to provide relief to an economy battered by Covid-19. Bangkok Post Cabinet gives the nod to B3.3tn fiscal budget bill : The […]

Read More →

FTSE rebalance today may see as much as Bt3.6b outflows, after FTSE All World cuts SET weighting to 2.98% from 3.05%, while FTSE SET index sees additions in CRC, DIF, ACE, BAM, RBF. ADVANC signed JV Saha Pathana Group to develop fiber infra to expand corporate BB, data center, 5G solutions and cloud services for […]

Read More →

A committee to nominate the BOT’s new chief will consider the qualifications of the 4 applicants on June 25, who will then be required to present their visions on June 29. Comment: I filled out the application for fun, didn’t send it in…could’ve been amusing. Now seeing how poorly its being run perhaps I could’ve […]

Read More →

ADVANC sees positive 3Q momentum from higher ARPU as deep discount package already expired since end of-May, higher market share on FBB supported by WFH demand. Comment: Still curious to see the 5G story play out. If anyone has a decent paper out there on 5G please send it across, specifically the beneficiaries. NPLs expect […]

Read More →