SET returning to normal short selling rules on October 1 : The Stock Exchange of Thailand (SET) announced yesterday it will resume normal rules for short selling prices with a zero plus tick and +/- 30% ceiling and floor limit, effective Oct 1 after market volatility has returned to normal for over a month. Bangkok […]

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AAV’s building a super app off its existing mobile app and website to provide services such as e-commerce, delivery and payments. The app is to be available next month in Thailand and Asean. BCPG to build 220KV transmission cable in Laos to cater for 500MW power transmission in 2022. GULF’s new 1,066 capital increase share […]

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BCPG sees growth momentum into 3Q on seasonal, sets Bt40b 5-year capex. ICN’s firm on 10-20% revenue growth with 10% net profit growth, supported by Bt1,962m backlog, eyes 3-4 new contracts worth Bt1b. MINT said its franchise is from Sizzler Australia, nothing to do with Sizzler USA which has filed for bankruptcy. Comment: No impact […]

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AMATA’s firm on 950 rais land sales and Bt2,157m backlog this year, of which 60% will be booked in 2H. Comment: And here’s a flying pig for you. AMATAV to sell ASCLT 1 and 2 worth Bt2,157m in 2H, sees yoy drop in rev this year from pandemic. Comment: Management has proven that without a […]

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BCH expects windfall from Social Security Office’s plan to offer members age >50 to recover quadrivalent influenza vaccine cover A/H1NI, A/H3N2, B1, B2, Bt450/shot announcement mid-October, valid from October 15 till Dec 31, expects Bt450-500m contribution from the campaign. GULF’s capital increase seen 1.26X oversubscribed, collecting Bt32b in fresh capital, keeps Bt110b investment plan for […]

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CFRESH upbeats 3Q earnings from strong frozen shrimps order from the US, estimate oversea subsidiary to expand e-commerce in UK. INET cuts FY20 revenue growth target to 5% from 20% from data center service cancellation from corporate affected by Covid; cuts outsource services to save manpower, expand paperless transaction platform, e-billing, tax invoice, verification & […]

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If case you’ve been living on a deserted island without access to internet, you’d know that over the weekend there were “protests” against the government/army/monarchy. Impact on the market? N/a. But the kids are supposed to be back on the streets on the 24 September which is during the period 23-24 Sept where the Government […]

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What happened? On the 11th September TASCO informed to the market: The company was contacted by the US Embassy in Thailand that 3 weeks ago the US State Department asked them to stop procuring crude oil from Venezuela by the end of Nov 2020. And if they don’t they may face US sanctions. Source: https://www.set.or.th/set/newsdetails.do?newsId=15997807571200&language=en&country=US […]

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