AS: local fund, BBLAM, raised holding by 0.4382% to 5.0033% of total outstanding on January 27. Comment: It’s a bit late to be adding no? But I’ve been totally wrong on AS over the past 2 years, why? I remember all my meetings with them from 2010-2020 and didn’t think management would be able to […]
Read More →F! It’s already the end of the month, time flies. Looks like the “Tech sector” of Thailand was properly smacked this month. Then again…paying 40x for a manufacturer…well ok. I thought the value would be in the IP, perhaps the market participants will realise this. Financials and energy/resources are leading – simple – banks cheap, […]
Read More →Notable Transactions Buy(s) THB 215 nm THG – The doctor is still buying JMART – The son follows the father and pumps! LALIN – Chairman of the Exec Board/Family member buys a large block. Sell(s) THB 13 mn n/a
Read More →Foreign property lures are rejected: Government still wants to entice wealthy expats. The Centre for Economic Situation Administration (CESA) chaired by Prime Minister Prayut Chan-o-cha yesterday put the brakes on proposals to increase foreign ownership quotas for condominiums from 49% and expand property leasehold rights for foreigners from 30 years to 50 years. Bangkok Post […]
Read More →BAM in talk several fin institution to joint establish distressed assets management co, sees upside from management fees, rev sharing. Comment: I have a random thoughts on this – but basically the banks HAVE SO MANY NPLS that several would effectively be at risk of bankruptcy and need to recap massive amounts of equity. This […]
Read More →ACG offering auto insurance renewal services via its AutoClick maintenance garage, aims to boost fees aside from dealership and maintenance services business. COM7 and KCE are expected to be added to MSCI, to be announced on February 9 and affective February 28, Tabloid. EE, via its 80% subsidiary Cannabis Way, is ready to harvest 1st […]
Read More →AJA’s started bitcoin mining on its 70 machines, as part of 200 in 1st phase with Bt90m investment, and will be realized from 1Q22, while planning 2nd phase with Bt200m investment for 500 machines. Comment: Well….why not!?! Are we going to see meme’s for these thai names involved in this space? BPP invests Bt442m in […]
Read More →APURE mulls price hike on exports canned sweet corn from higher packaging & transport costs, expects no impact to sales volume as price well below competitors, will begin exports frozen corn & frozen edamame 2H22. CPANEL sets 25% revenue growth target this year, on 3-5% growth in real estate industry, sets to increase precast concrete […]
Read More →Fed hike, fed hike, fed hike – that’s all we’ve been hearing for the past few days/weeks/months. Note that they haven’t done anything yet and it’s all noise for now. I do hope they raise rates….will give us a great buying opp. Commodities haven’t stopped running…have wondered aloud at times (perhaps here) if this will […]
Read More →Notable Transactions Buy(s) THB 191 mn RJH – That’s a large purchase by the independent director JMT – They’re in for an amazing few years….all this bad debt floating around…remember the only npl’s being sold now are pre wuflu. JMART – And he’s still buying Sell(s) THB 322 mn VPO – A sale to a […]
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