This is a compilation of random thoughts I wrote down over the past 1-2 months…pardon the poor writing and excuse the discombobulated thinking. “The mere idea that a planning authority could ever possess the information necessary to run the economy is a somewhat comic fiction. What prices ought to be can never be determined […]
Read More →BJCHI’s confident of securing 20% of contracts it plans to bid in 2H20, while current backlog stood at Bt4.2b, the highest in 5-year. CPALL may report 1st quarterly losses in 2Q20 at -Bt81m, due to 21% drop in SSSG, Tabloid. Comment: This makes me giggle. AND they want to chuck even more debt on CPALL […]
Read More →Earnings season has started with fincos’ being the first sector to release results. As of writing – TISCO, AEONTS and KTC have reported #’s that are -20% YoY or more, KBANK just announced mid-day today and its -70% YoY But we know this. We know that ~10-20% of GDP comes from tourism and with that […]
Read More →Notable Transactions Buy(s) THB 12 mn N/A Sell(s) THB 122 mn PRIME – The Chairman dumps 2% of total shares, wonder who the buyer is.
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