Just look at that YoY and even QoQ performance, not a surprise for the overall market. It’s the next 6-18 months that have me scratching my head for the overall market, certain sectors are going to continue doing well/improve i.e. energy/commodities, transports, hotels, but we won’t see such as large a jump, actually allow me […]
Read More →BPP to recognize revenue from 700MW additional capacity in 2H, while wrapping up few M&A deals, to achieve revenue growth target, on track to reach 5,300MW total capacity by 2025. JUBILE keeps 10% revenue growth target this year, firms on expansion plan in e-commerce and branches upcountry. Comment: As long as thai consumers are locked […]
Read More →1 word, reopening.
Read More →Notable Transactions Buy(s) THB 206 mn SABUY – The CEO buys another 1% in the company Sell(s) THB 382 mn KWM – A director, family member, does a block sale of 25% of the shares to…? MINT – The CEO dumped a tonne of shares. Is he going to lose his job? PJW – 82 […]
Read More →Opposition targets 5 ministers, PM in no-confidence motion: The main opposition Pheu Thai Party will submit a no-confidence motion against at least five cabinet ministers to parliament, with the government’s planned procurement of 8.5 million sets of Chinese-made antigent test kits (ATK) among the issues targeted for censure. Bangkok Post Investment magnet: A new industrial […]
Read More →BAFS signs JV OR to establish Global Aero Associates to expand jet fuel services in U-Ta-Pao airport EEC, target cod FY25. Comment: Just imagine the scenario in 5-10 years. Don Muang booming, Suvarnabhumi booming, and U-ta-pao benefiting from the EEC and growth of the Eastern Seaboard region. And then figure out what you would pay […]
Read More →ERW sets Bt700m capex for 10 new hotels in Thai and Philippines. Comment: That number doesn’t make sense. THB 70mn/hotel? KTC reaffirms record high profit this year, despite difficult 3Q, to sell Bt800m worth of bad loan port and focus on secred loans. Comment: As long as people are paying the minimum amount then they […]
Read More →BANPU sees growth momentum into 2H on higher gas and coal price, sets Bt45.7b 5-year capex, firms on boosting EBITDA from clean energy business to 50% overall from 43% current. Comment: Sure but the next 12 months is driven by gas/coal, but now the impact is going to be far lower to EPS due to […]
Read More →BGC anticipates 2H turnaround from higher bottle/flexible/paper packaging sales on improved consumption/holiday season, allots Bt176m budget to up flexible packaging capacity to 50m sq.m p.a. to tap in food & pharma segment. IVL to acquire Brazil’s Oxiteno from Ultrapar Participacoes S.A. for $1.3b, to be completed by 1Q 2022. Oxiteno is a leading integrated surfactants […]
Read More →And so yesterday we learnt that the lockdowns are continued, surprise surprise. Now 2Q21 earnings season is finished! Though there are a million calls/videos coming up for all the investors in the markets to pay attention to … hence why there have been minimal random thoughts from me. I’ll be back on it, there’s plenty […]
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