Fun thoughts: In USD terms, the SET is 0% for the year. Loving the moves in commodities – though it hasn’t completely translated to each commodity related company yet… Curious whether the move in the banking sector is the start of something. Gov bond yields are picking up, this can reflate bank earnings, throw in […]
Read More →AI & AIE: both merged PAR from Bt0.25 to Bt1 effective today. BAFS: THAI cuts holding by 2.3529% to 4.019% of total outstanding on Thursday (Oct 7). Comment: Amusing Thailand. This is one of Thai’s best assets pre-covid, and will again be post-covid. COM7 maintained 15-20% FY21 revenue growth target, sees advance booking on iPhone […]
Read More →Notable Transactions Buy(s) THB 456 mn JMART – Look at how much he’s bought back BANPU – Wonder if the founder/chairman realises that the recap was a silly idea, share price would be +50% higher by now… SPALI – Family still buying! MORE – Funny movements in this share price for a while… RAM – […]
Read More →Govt caps diesel at B30/litre: The Energy Policy Administration Committee (Epac) has approved a cap on diesel prices of 30 baht per litre starting from next Monday until the end of the month to help reduce living costs for consumers, Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow said yesterday. Bangkok Post PM outlines vision […]
Read More →BPP: firms on plan to cod 3 power plants in JPN & Vietnam total 60mw in 4Q. EGCO: subsidiary, EGCO Plus, acquires 17.46% in U.S-based renewable developer, Apex Clean Energy Holding, transaction to completed within 4Q. OTO: wins a 3 year contract to provide call center & customer service for State Railway (SRT) total Bt166.84m. […]
Read More →MAKRO: seek holders approval to recover Lotus Thailand & Malaysia assets transfer upcoming virtual EGM October 12, expects transaction completed within October 25, mulls sell PO to boost free float >15% from current 7% to qualify for SET50. Comment: Just imagine this does a DELTA. And yes recovery in business etc etc. MBK: issues free […]
Read More →B upbeats 2H earnings strong warehousing & cargo handling traffic, tailwind from raw water sales business & solar project in Vietnam, in talk beverage producer & e-commerce operator to provide logistic services, expects to wrap up before end of year. Comment: A smaller logistics play whose earnings woke up this year. CPW sees advance booking […]
Read More →AEONTS reports 2Q21np (end of Aug) at Bt678m, -29.8% yoy; missed Bt1.09b consensus, pays Bt2.5 dps, XD Oct 18. Comment: “Ruh Roh” KBANK to cut loans to coal-fired power plants, target carbon free by FY30. Comment: Idiots. But this is more PR than anything else, when was the last time Thailand had a serious launch […]
Read More →Commodities. It isn’t stopped. Brent oil north of 80, coal skyrocketing, nat gas skyrocketing etc etc… China just said told its government officials “GET ALL THE COMMODITIES YOU CAN”…I thought that this is was a group that was supposedly clever and long term in their strategic thinking… Whilst we’re grinning from ear to ear in […]
Read More →ADVANC may report Bt6,688m 3Q21, +2.7% yoy, as online-call center and AIS mini corner helped servicing clients during pandemic, while AIS fiber home internet rev showed promising growth, Tabloid. Comment: The story for ADVANC is 1) sale of assets to a fund 2) True & DTAC merging and then the entire sector can start charging […]
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