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 […]

Read More →

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.

Read More →

AOT to sell 2nd round of TOR for duty free pick-up counter at DMK airport on Jan 20 as only 1 bidder participated 1st round. AWC holds press conference for new business cooperation at InterContinental Hotels Group. Comment: Still an overpriced behemoth. BBL seeks shareholder approval for Permata acquisitions upcoming AGM in February, expects transaction […]

Read More →

AMATA: anticipates recovery IE land sales 2Q from migration of production-base to TH from China, 70% of Bt 3.7b backlog to realize this year, in talk clients to sell 280 acres land, maintain 402 acres full year target. Comment: What EEC story? BEC: sees 2H turnaround as costs drop aft return 2 DTV licenses, seeks […]

Read More →

AOT said passengers thru its six airports reached 38m in 1Q19, +4.49% yoy, largely driven by a rebound of Chinese arrivals. Foreigners travelers 23.194m +5.3%, domestic passenger 15.539m -1.2% yoy. Comment: Just wait for next year’s numbers, I wouldn’t be surprised to see another +20% jump in Chinese tourists AU target 15% revenue growth this […]

Read More →

AOT reports passenger traffic at SIA during TNY Apr 9-18 at 1,874,866, +7.18% yoy, aircraft movement +9.73% yoy to 10,306 flights during holiday. Comment: This is interesting, because it may imply that the increase in travellers may be Thai’s going abroad as opposed to tourists visiting Thailand given the latest tourism data. BEC board to […]

Read More →

AOT to propose plan to build 2nd terminal at Suvarnabhumi to Transport Min next week, citing urgent need as total passengers this yr is expected to reach 70m, vs 45m capacity. Comment: Although when you walk around the airport you’ll see that they could simple man each desk at immigration and the security lines and […]

Read More →

AAV AAV anticipates turnaround from lower fuel costs and improved cabin factors yoy, will take delivery of 4 new aircrafts to accommodate new routes, focus CLMV and south Asia. Comment: Oil prices just confound me half the time. Then again a lot of things do. But at these levels I don’t see why the airlines […]

Read More →

JFinCoin & JMART I wanted to give this a few weeks before writing about it to see if there would be anything positive. Unfortunately for them not, the ICO performed poorly and is down some -50% from its initial offering price. The perfect world scenario was that it would pop well on the first day […]

Read More →

AOT AOT’s board of directors gave the green light to second airports in Chiang Mai and Phuket budgeted at Bt126bn after forecasts showed the current airports will be fully utilized. It will propose the plan to the cabinet and shareholders for approval. (Kao Hoon, 25/5/18) Comment: With it supposedly completed by 2022, lets add 2 […]

Read More →