I still hold to what I wrote last week, Market Update 17/07 | ThaiCapitalist, a government is being formed, the bottom has passed for now. For the market, banks’ are reporting now, can’t expect anything pretty unless they’re going to be clever about hiding the real NPL figures, and I wouldn’t be surprised to see […]
Read More →Note: Earnings season is coming again and it’s going to be a quiet 4 weeks for management trades Notable Transactions Buy(s) THB 7 mn Sell(s) THB 127 mn
Read More →AKR targets winning Bt200-300m of Bt500m EPC projects it plans to bid, eyes Bt3b bidding in transformer projects, with 10-12% winning rate. Comment: Even though I think the EV trend is bs purely because of basic engineering and science, if the government moves this way, Thailand does need to upgrade the entire grid system and […]
Read More →CBG: convenience store unit, CJ Express, postpone listing from prior schedule on 2H23 to next 1-2 years, Daily news. Comment: Ouch, does this imply that upcountry spending is far worse than we know? EGCO in collaboration with BoCo Rock Windfarm, a unit of Mitsubishi, to produce hydrogen from power plant with 113MW capacity. BoCo’s current […]
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