ADVANC’s ready for 5G auction with Bt62b available cashflows.

Comment: It’s a yield play more than anything else

AOT reports 141.87m passengers last fiscal year, +2% yoy, with international passenger growth of 4.4%, flights +2.41%.

Comment: And look, there’s still growth, I think 4Q may be a bigger positive surprise than people expect in terms of passenger #’s

BGRIM secures 3,000MW PP contract in Vietnam, with board to finalize details in 1Q20.

Comment: Boom there you go.

GULF secures 6,000MW PP contract in Vietnam, $6b investment, with 1st phase to COD in 2025.

Comment: Woah! Just throw out the valuation analysis

JMART may report 5,637% yoy growth in 3Q NP at Bt150.3m, on strong contributions from associated cos, JMT (55.8% stake), SINGER (30.3%), Tabloid.

Comment: The growth is mainly from JMT and a turnaround in SINGEr

KBANK’s closed down 74 branches 9M19, the most among peers, leaving 896, SCB came 2nd having shut 65 branches.

Comment: And there are going to be a lot of people unemployed, but you’ll see the cost-to-income ratio for the banks improve over time

MONO to raise primetime ad rate by 200% next year to bring that in-line with market, target #1 content/entertainment.

MBK in talk Dept of Consular Afffairs to open passport division at MBK mall to provide convenience for applicants.

III to sign JV AirAsia’s logistic subsidiary, Teleport, mid-November, see benefits from larger network, higher cargo handling capacity, lower warehouse costs.

Comment: I think this good be an interesting move for III

ILM upbeat FY19/20 earnings from franchise model of home retailer business via 16 outlets in 7 countries, will open 2nd branch in Vietnam early December, seeks to expand more to boost revenue from franchise fees and profit from products sold to franchisees.

PORT reaffirms solid 4Q from contribution of recently debut terminal service & 20 acres logistic park for arrival cargo, tailwind from container warehouse and maintenance service business, expects big jump next year after completion of 3rd terminal, lifts capacity 180k TEUs/p.a. to 920k +24% yoy. (Twenty Foot Equivalent Unit).

RML reaffirms Bt10b revenue target this year, plans 2 new projects worth Bt10b per year for next 5 years, unveils 2 projects planned for next year, one on Sukhumvit 38 and the other mix-used oversea.

Comment: I have my doubts on this name performing…lots of question marks around the new managements ability to execute.

THAI chairman, Ekniti Nitithanaprapas, resigns as of November 1; vice chairman Air Chief Marshal Chaiyapruk Didyasarin acting chairman

Comment: It was a thankless job, now an airforce guy leads the board? Right..what does he know about managing a business…

UTP expects to erase Bt1.6b retained loss this year, thanks to strong demand for paper packaging for fast growing e-commerce.

        • peter satrapa-binder

          OR taking profit (the ones who had bought when the stock price was in the 7.xx baht regions – which was only a few months ago).

          but their dividend yield and their PE ratio are looking good right now, of course it also depends on their upcoming figures…

  1. Well can’t seem to find anything to the contrary so I will add to my position today at 8.15 which takes the expected yield to over 6% this year by my estimation.

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