AOT sees 19m passenger arrival for 6M22 (Oct 21 – Mar 22), likely fall short of 60-70m full year target, expects Transport Ministry to approve transfer of 3 airports (Udonthani, Burirum, Krabi) from Department of Airport by end of April. Comment: Still the best monopoly play on the country’s aviation, but….yes…valuations are what they are. […]
Read More →AKR sees 1Q transformer sales +20% yoy driven by renewable & EV chargers expansion, aims to secure 10-15% of Bt2.5b current bidding, target 20-25% revenue growth this year. CPF to list CP Vietnam in Vietnam. CPV generates Bt60-70b revenue p.a., or 20% of revenue, spinning off wud help raise fund for Bt10b chicken complex in […]
Read More →Is the market beginning to price in the increase in interest rates? 10 yr thai gov yield has gone from 2 to 3% this year. Commodity price inflation across the board ruins my thesis of plc’s cutting costs and making greater margins than pre covid. But then we have to throw in the fact that […]
Read More →Notable Transactions Buy(s) THB 137 mn THG – Dr Boon still going 8alls to the wall with his purchases. Sell(s) THB 211 mn A5 – This director dumped 2% of total shares. RAM – Stock was pumped from 30 to 60 and then boom this “captain”/director sold his stake. KOOL – The MD has reduced […]
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