ThaiCapitalist Commentary
AMATA expects big-jump this year transfer of 20 hectares lands from 3 industrial estates in Vietnam, target FY20 pre-sales from 3 sites topped 37 hectares aft hit by delay permit last year, will book Bt2.1b revenue from disposal of 49% in Amata City Long Thanh 1&2 in 2H20. Comment: Harrrumpph, they’ve been touting about AMATA […]
Read More →Anything interesting over the weekend? Sure, the Government did their job and approved a budget (only 3-4 months) The 5G bids happened, hello less dividends for all shareholders. Putting things into perspective this year we have seen: A scuffle in Iran with the US taking out a prized target COVID-19 And the SET is only […]
Read More →Notable Transactions An oddly quiet week of transactions. Buy(s) THB 5mn N/a Sell(s) THB 2 mn N/a
Read More →Central bank readies rejig of fees : Guidance covers 300 items and services. The Bank of Thailand plans to implement practice guidelines to regulate financial institutions’ fee charge calculation for products and services in the third quarter as part of a push for a fairer fee structure, a senior official says. Bangkok Post Deliveries from […]
Read More →CPN sets 3 yrs capex plan at Bt22b to revamp existing 12 malls, expands 3 mixed use pj, add retail & office spaces, to raise residential ppty rev to 12% from current 7-8%. Comment: What economic slowdown? CPN is still going gangbusters, I wonder what is going to happen to the Mall Group in the […]
Read More →BAY mulls to cut FY20 loan growth projection from current 5-7% from challenging econ conditions, aims to curb NPLs below 2.5%, sees no impact on NII from BOT’s plan to revamp fees structure. Comment: Second to TCHART, BAY has been consistent performer for the past few years KBANK’s 10 days buyback program kick-off tomorrow (Feb […]
Read More →ADVANC said Arbitration Panel has dismissed a claim filed by TOT for Bt16.3b plus 1.25% interest per month, yet TOT can still fight in Admin Court. Comment: I wonder how much TOT will accept to walk away from this claim, at the end it’ll just be a numbers game AOT: Transport Ministry approves SIA north […]
Read More →Notable Transactions Buy(s) THB 27mn N/A Sell(s) THB 13mn N/A
Read More →Look for a horrible 1Q20 for almost every sector, and then a recovery (of sorts). What does it mean for the market, well has the market hit peak fear yet?
Read More →A study in panic : The coronavirus outbreak could kneecap the tourism and export sectors, though lessons learned from the Sars epidemic may lessen the blow. The novel coronavirus outbreak in China and other parts of the world has struck fear among the masses, with a global health emergency declared by the World Health Organization […]
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