To make up for the Songkran break I’ll add an extra 10 Several auto makers were holding back EV production expansion on risk of flooding in EV from China without tax barrier, urging EV board to form concrete policies. Non-bank fin & card co., likely benefit from Citi’s plan to exit consumer credits & credit […]

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ACE, TPCH, UAC, EGCO, GUNKUL are expected to join bids for 150MW community PP, after PEA sets April 27-30 bidding schedule. Comment: The connected players are ACE EGCO GUNKUL, the independent hard working folk are TPCH and UAC. You can guess the winners. AGE sees 1Q coal sales volume double yoy, target full year volume […]

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ADVANC keeps 2-5% revenue growth target this year, sees benefit from 5G, helping healthcare sector to weather the covid storm Finance Ministry extends jet fuel tax cut to Bt0.20/liter from the April 30 expiration to December 31, positive to AAV, BA and AOT. ILINK reaffirms solid 1H earnings from strong network installations rev supported by […]

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ACG upbeats outlook after branching out from auto dealership to maintain services business as drivers opted to fix rather replace amid outbreak, will open 2nd branch in May, target 6 garages by end of year. The Fed of Thai Industries (FTI) suggests the government use BCP petrol stations and factories nationwide as vaccination locations to […]

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BPP cod 543mw Nakoso Integrated Gasification Combined Cycle powerplants in JPN (33.5% holding) COTTO mulls expand distribution center upcountry to lower costs and expand market share on ceramic tiles & building material products, will add grout & tile adhesive to line up, expects higher sales yoy after revamp online channel (Cotto Life), sees upside from […]

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AJ: local fund, BBLAM, bought big-lot 20m shares from management, sees growth potential from packaging business & upside from JV packaging unit with SCC in Vietnam. Comment: And that explains the big sale. BBLAM typically has done quite well with these type of positions. GULF to tender for INTUCH at Bt65 (last done Bt58.5) after […]

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AEONTS: will launch digital lending platform mid-FY21, expects higher fees from larger client base thru collaboration with HUMAN & VGI. Comment: I can see the synergies between AEONTS and HUMAN, VGI less so, but the rabbit card is fire for distribution. GPSC: mulls estimate semi-solid battery plant phase 2 capacity 1 GWh per annum to […]

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Asia Cab in JV with 4 partners, including EA and SCG chemical, to develop 1st Thai EV cab prototype, while EA said its EV plant in on track to COD in 2-3 months. Comment:  EA are going to be the GULF of this industry. You’ve been witnessing the growth of crony capitalism in Thailand over […]

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Isn’t it amusing that with tonnes of people going for testing => more “positive” cases. It is what it is. I don’t care about the politics of this. Watch for a delay in the reopening, hotels will drop etc and then buy again, same plays all around. And look commodities & supply-chain plays are still […]

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Notable Transactions Buy(s) THB 651 mn BDMS – The family takes a huge buy, THB 400 mn, vaccines are going to make them a small fortune. TRITN – I have too many question marks about this company. TPIPL – Family member buys 20 mn shares, doesn’t offset the below. RS – He’s still believing in […]

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