A broker expects SAWAD and ITC to replace VGI and BCP in the SET50 for 1H26, while PTG, STECON, and GFPT are likely to replace JAS, SISB, and WHAUP in SET100. The official announcement is expected in mid-December. Comment: Let’s see BPP’s natural gas unit, BKV Corp, agreed to acquire an additional stake from BPP […]
Read More →ATLAS: LPG business, a subsidiary of PTG, Atlas Energy, debuts IPO 418.42m shares at Bt3 apiece. Comment: A good first pump, better for the parent. BGRIM: To expand into S. Korea by closing a deal to increase its stake in Nakwol 1 to 49% (acquired 20.8% stake) and boosting its 365MW offshore wind portfolio. (Kaohoon) […]
Read More →ERW reported liquidation of subsidiary, Erawan Philippines, in which it indirectly holds 100% of shrs thru Hop Inn Hotel Philippines, no impact on oper of the co., and other subsidiaries as the subsidiary has not conducting any oper. PTTEP completed acquisition of 34% stake in E&E Algeria Touat B.V., which oper onshore basin gas field […]
Read More →ERW reported liquidation of subsidiary, Erawan Philippines, in which it indirectly holds 100% of shrs thru Hop Inn Hotel Philippines, no impact on oper of the co., and other subsidiaries as the subsidiary has not conducting any oper. PTTEP completed acquisition of 34% stake in E&E Algeria Touat B.V., which oper onshore basin gas field […]
Read More →BAM expects NPL sales by financial institutions to reach Bt200bn this year (vs. Bt150bn in 2024). Plans to participate in ~Bt30bn bids, targeting ~Bt3bn in bad debts. Comment: Yes….but if BAM and JMT can only buy ~THB 50 bn together, there’s just far too much supply out there. KBANK: Invesco increased its stake by 0.1688% […]
Read More →DELTA sees “double-digit” sales growth to continue for at least next couple of yrs on rising demand for AI-related tech, said CEO, while AI-related products will a/c for half of its sales by eoy, up from 42% in the latest quarter with strong momentum and the data-center segment is propping up both top and bottom […]
Read More →DELTA anticipates the AI boom will boost sales of networking and data-center power equipment. New AI hardware from NVIDIA and peers is expected to increase demand for advanced power supply and thermal solutions. Comment: Pumping it at the right time? GPSC expects stronger 3Q earnings from improved steam and electricity sales to industrial users. Natural […]
Read More →NRF announced cash call via RO total 94.510m shares, 15:1 @ Bt1/share, subscription from Aug 21-27, issue free warrant (NRF-W2) for RO subscribers, XR Aug 1. Comment: Yeah….I thought plant based food was going to save the world. F wits…how’s the deal with Golden Weed donkey kong played out? I do think it’s time for […]
Read More →BGRIM mulls increasing proportion of direct PPA on power sales in portfolio, target data center & AI infrastructure. Comment: What happened to their renewable port and targets? DE PTTEP keeps FY O&G sales volume target at 510k boepd, EBITA margin btw 70-75%, sees 2Q sales momentum remain strong aft increased stake in Sinphuhorm project, larger […]
Read More →DELTA’s 1Q25 earnings topped, Bt5.49b NP, +27% yoy, vs Bt5.33b estimate, rev Bt42.74b, +13% yoy, vs Bt41.48b estimate, robust growth attributed to accelerating investment trends in AI teaches, alongside ongoing advancements in digital techs and high-performance computing capabilities. Comment: Still knocking it out of the park – I’m just impressed… GLOBAL rpted Bt622m, 1Q25 NP, […]
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