Category: Commentary
ThaiCapitalist Commentary
Stocks in the news (asw, sprc, thani) 04.08.23
ASW: forms venture with Tokyo Tatemono to joint develop Bt2b low-rise project, Kave Coco Bangsaen, adjacent to Burapa university. Comment: An underrated seaside town. Makes sense, there is a lack of decent residential development along the seaside there. SPRC: anticipates 3Q turnaround after hit by stock loss and poor GRM in 2Q. THANI: expects low-key […]
Read More →Stocks in the news (age, as, auct, ihl, jasif, kcg, ktb, noble, tkn) 03.08.23
AGE is open for talks with new business partners, on 3 main businesses, logistics, alternative energy, and other sustainable business, after securing a 23.45% stake in QTC, sees growth in 2Q, especially coal business, after recoding 1.06m tons sales in 1Q, on track to meet 5.2m tons FY23 target. Comment: Coal demand isn’t disappearing, it […]
Read More →Stocks in the news (all, bdms, ea, ekh, grammy, pttep, spa, synex) 02.08.23
ALL reported Bt263.67m default on debt payment with KKP. Comment: It’s a dead man walking, should be bankrupt. BDMS targets 6-8% full year revenue growth driven by higher fly-in patients from Middle-East, CLMV and China, target 2H OCC above 67% from 62% in 1H on seasonal, broader segment coverage from health insurance & SSO. EA […]
Read More →Market Update 31/07
+3.5% in a month. It will keep going.
Read More →Management Transactions 24/07 – 28/07
Notable Transactions Buy(s) THB 210 mn Sell(s) THB 2 mn
Read More →Random Thoughts: Shingles, Kill the bastard, Vietnam, ANAN, Thai politics
Shingles: 8 days of migranes & 5 bed ridden days, sleeping 12-15 hours/day and now I can semi open my right eye and stare at a laptop again for more than 5 mins w/o screaming pain. I kicked covid 2x in 3 days, but this shingles is next level. I’m still likely quaratined in a […]
Read More →Stocks in the news (aot, bts, aeonts, human, cpn, ilm, leo, sabina, scc, snnp, true) 27.07.23
AOT sees 20% rise in passenger during a 6-day holidays (only for civil servants). Rabbit Cash, a venture co of BTS/AEONTS/HUMAN, debut digital wellfare lending, instant credit approval within 3 mins via AI credit screening, installment period from 6-36 months, 1.25% interest/month (effective rate). Comment: Ok anyone else fed up with this “AI” bullshit? It’s […]
Read More →Management Trades 17/07 – 21/07
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 →Stocks in the news (akr, bcpg, cpaxt, epg, ktb, jkn, ttb) 24.07.23
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 […]
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