Commodities Commodities Commodities Vaccine roll out = messy, but doesn’t hide the fact that people are expecting things return to normal by mid-year for most parts of the world. Remember the initial demand bounceback post the 1st lockdown last year? Apply that globally. That’s the expectation at the moment.
Read More →Notable Transactions Buy(s) THB 32 mn THG – And he keeps buying Sell(s) THB 1.3 bn JMART – Family did a block sale to institutions to prepare for subscribing to the warrants (so they say)
Read More →Bank for Agri (BAAC) cuts FY21 loan growth target to Bt70b from Bt100b in FY20, sees farmers becoming more prudent on spending. Delivery of jabs in doubt: Stockpiling by EU may halt exports. The government now appears reluctant to confirm if a second batch of Covid-10 vaccines will arrive in Thailand in June as expected, […]
Read More →ASIAN sees solid 4Q20 on exports, boosting FY20 to record high, exceeding Bt8.4b target. Comment: The amazing performance of their seafood & petfood businesses has stumped me. FN reports 100k download of FN online shopping app following debut on February 2, expects FY21 turnaround from larger network via Shopee, Lazada, FB, Line and mobile app, […]
Read More →AGE eyes 5.5m tons FY21 coal sales volume target from recovery demand in SEA, seeks to branch out from coal sales & transport to logistics & renewable energy to diversify risk, target full year revenue >Bt11b. Comment: Realise that they benefit from the rising coal price environment seen since the end of 3Q20 (coal prices […]
Read More →ADVANC will report on Monday (February 8) after-market, Bt27.53b consensus AMA in talk M&A logistic co., aiming to branch out from tanker, Oil & Gas and chem transport to diversify business, finalize deal within 1Q, target 10-15% revenue growth this year. AMATA to stop its Bt140m first-phase investment in Yangon Amata Smart and Eco City […]
Read More →EGCO’s confident of growth this year, supported by 500-600MW rise in capacity, including 272 MW from Linden Cogen in the US, which will contribute from 2Q21. CHG reaffirms solid 4Q20 from strong OPF & IPD patients traffic, Respiratory Syncytial Virus (RSV) outbreak in infants and young children and tailwind from SSO patients. FSMART plans to […]
Read More →TS & BEM expect MRT ridership to recover on reopening of schools and longer operating hours of business from February 1. Comment: I wonder how long these 2 will wait before selling the lines to an infra fund. ECF sets 10-12% revenue growth target this year, on rising furniture orders, both local and overseas, sets […]
Read More →It’s only been 1 month. 1 month! What a start to the year. When looking at the the worst performers for the past 12 months, would you bet against banks? They’re given capital by the BOT to lend out and make a spread, cheaper than getting deposits. Sure NPLs and provisions will be in the […]
Read More →Notable Transactions Buy(s) THB 44.5 mn THG – The Chairman continues to buy buy buy. Sell(s) THB 74.7 mn RML – No one appears to do well with KPN as a partner.
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