BCPG expects to sign 600mw windfarm projects in Laos within 1H, sees room for additional capacity from 160k acres land, targets M&A 300mw this year. BGC expects meaningful turnaround from surging demand for bottle packaging on recovery consumption & F&B delivery trend. Comment: If you remember (https://www.thaicapitalist.com/random-thoughts-protests-bgc-bottles-it-cpall-not-a-monopoly/) I unleashed quite a bit into BGC (and […]

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CBG anticipates wider margins this year from full year contribution of new canning plant, improved econ of scale from larger OEM bottling orders, will add 1 new functional drink under C+Lock range, package subsidiary, APM, to cod paper containers 1Q21. CHO signs MOU with Thailand London taxi operator, Asia Cab, to jointly develop PEV and […]

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A political bomb over the weekend, but small in scale, looking at the market this morning, its a non-event. Though I do expect to see things continuing to escalate further. Want a cynical viewpoint? Protestors need a martyr to win. We’re going to see the financials come out with numbers in the coming weeks, it’ll […]

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Notable Transactions Buy(s) THB 212 mn THG – And he keeps buying AJ – Switch between family members TFG – He buys no matter the price SABUY – A new IPO in November ’20, and the CEO is buying a buy of shares. SGP – Switch between family members Sell(s) THB 1.3 bn CHAYO – […]

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B4.6bn boost for Covid battle: Medicines, high-risk staffgiven priority. The Public Health Ministry has been allocated 4.66 billion baht from the government’s central budget to help fight the new Covid-19 outbreak. Bangkok Post FDA vows ‘safety first’: As Thailand’s vaccination drive looms, the government moves to allay fears about the Chinese vaccine it plans to […]

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ADVANC dodges Bt13.5b claims from CAT, lodged since 2018, after Arbitration Committee resolved to dismiss the case. AGE targets 4mt FY21 coal sales volume, sees healthy demand from China, 1mt backlog to realize 1H, will cod 5th coal storage shed mid-Jan to expand output, will realize full contribution from 5mw Lopburi solar this year, seeks […]

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No, it’s not a new law firm, each of these renowned investors have put out new thoughts/predictions in the past week. The wonderful aspect of markets is that there can be wildly differing viewpoints but that several strategies/approaches can do well. So be prepared to sit down and spend hours on them. Byron Wein – […]

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AEONTS reported 3Q21 (end of November ,20) at Bt1.01b +1.9% yoy, beats Bt815m consensus, thanks to lower than expected credit cost & wider than expected NIM, revenue from bad debt recovery improved 19% yoy & revenue from overseas subsidiaries +18% yoy, NPL stands at 4.3% from 3.9% end of 2Q21. Comment: Look at these numbers […]

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ANAN’s last year presales reached Bt17,473m, thanked to Bt4,384m in 4Q, 18% higher than target, sees sustainable demand for condo along mass transit routes. Comment: Yes higher than a lowered target, but regardless still shows demand exists out there. AOT said it has Bt30b cash on hand to deal with current crisis, not seeking more […]

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AGE reaffirms big jump 4Q20 from strong coal exports to China, logged FY20 sales volume above 3.5mt target, 1m tons backlog to realize till eo-2Q21, mulls to add vessels and trucks to boost transport revenue, seeks to expand power business. Comment: I used to refer to them as baby banpu pre-2010. But they are traders […]

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