Market Update 24/08
Two words: Convalescent Plasma
Read More →Month: August 2020
Stocks in the news (ace, aot, bam, centel, cpw, mcs, dtac, ptt, sflex, thre, true, tu) 24.08.20
ACE wraps up deal to buy 3 biomass powerplants with 26.9MW capacity from UWC worth, helping contributed Bt800-900m p.a. Comment: I still look at ACE questionably given the fact that the founder is a police general and likely won the contracts through “relationships” but having followed their calls, they are running a professional shop. AOT […]
Read More →Management Trades 17/08 – 21/08
Notable Transactions Note: Price data is as of 24/08/20, and as 2Q20 #’s are finished, management buy/sells are YUGEE. Buy(s) THB 560 mn BOFFICE – Family has put in a small fortune ready for the cap increase. OSP – Founding family member has been putting a lot of capital to work this year, both in […]
Read More →2Q20 #s
Key points: 128/750 companies reported profits that are up QoQ, YoY, 1H20 vs 1H20 Worst sector: Tourism Best sector: Agribusiness QoQ: +44%, YoY: -46%, 1H -59% Note: This isn’t fully comprehensive of all listed firms, there may be data issues.
Read More →WHTW Top 10: 17/08 -21/08
Senators crucial factor in constitutional change : The coup-installed 250 senators will be a decisive factor in constitutional amendments pushed by several parties and it remains to be seen whether the Senate’s role in charter change can help defuse political tensions stemming from student protesters who are also demanding charter revisions. Bangkok Post Govt plans […]
Read More →Stocks in the news (amata, beauty, mjd, oishi, psh, pttor, rojna, scc) 21.08.20
AMATA in talk JV partner to expand waste power business, aiming to capitalize on existing clients in industrial estates, lessen reliance on IE land sales revenue. BEAUTY extended sale promotion from 4-week to 6-week and offering discount of up to 70% from 50%, hoping to boost sales. Comment: This is such a good time to […]
Read More →Stocks in the news (advanc, egat, gulf, jmart, jwd, prospect, ratch, ssp, top, true, tvd) 20.08.20
ADVANC sees marginal impact from tower dispute settlement with State-owned, CAT Telecom, after transfer 155 telco towers ownership to CAT & and rent back from CAT for 5 years from Jul 1,20, CAT will use space & maintenance service from ADVANC over the same period, estimate net impact Bt186m where Bt90m has already booked in […]
Read More →Stocks in the news (bjchi, kkp, ktc, ivl, rs, seafco, sisb, ssp, tacc, thai, vgi) 19.08.20
BJCHI said results of the 7 projects worth Bt13b it participated in bidding will be known by end of year, adding to Bt3.5b current backlog, the highest since 2016. KKP name changed to Kiatnakin Phatra Bank Pcl, effective tomorrow (Aug 20), ticker remained unchanged. Comment: I suppose they had to make it obvious… KTC’s P-Loan, […]
Read More →Stocks in the news (biz, com7, crc, cbg, kbank, kce, rbf, sabina, sisb, tpoly, uac) 18.07.20
BIZ signed a contract with 2 public hospitals to supply LINAC (Linear Accelerator) for cancer treatment total Bt340.6m, lift backlog above Bt1.8b. COM7 upgrade www to boost online sales and diversify risk from solely rely on branches, expects positive sales momentum from Apple & gadgets sales carrying thru holiday season, maintaining 10% full year revenue […]
Read More →Market Update 17/08
Protests protests protests, where have I seen this story before? Ah yes every 5 years in Thailand. Historically I would’ve said get ready to buy the tourism names, but they’re still beaten down due to the wuflu. Now I’ll say I don’t know. All 2Q20 number’s are out and boy oh boy was this fun. […]
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