ThaiCapitalist Commentary
Notable Transactions Buy(s) THB 29 mn N/A Sell(s) THB 100 mn MC – This is a rarity, she’s historically been a buyer except for the one time the family put a block to some funds just after the IPO. I wonder who the buyers are this.
Read More →ANAN to book rev from serviced apartment as recurring rev worth Bt300m from 2 newly finished pj, targeting Bt1,800m by 2022. Comment: And then the annual CF of this developer becomes a bit more stable. The majority of the real estate developers are/have shifted to this model ASK: Bualuang AM cut holding by 0.1562% to […]
Read More →BCP sets oil sales growth t/g this year at 6%, plans 60 new stations, mulls boosting non-oil revenue, including EV charging stations. Comment: All the petrol station co’s have been trying to push non-oil revenues over the past few years, the best has been PTT followed by PTG BGRIM CODed 4.8mw industrial waste pp, lifted […]
Read More →The last post for 2019, it just sunk in that it’s the end of the decade. And there’s something beautiful apart of the start of a new year and now a new decade. It brings about a sense of positivity despite the missives that occur both domestically and internally. Thanks for reading/commenting/emailing everyone. Have a […]
Read More →Notable Transactions Buy(s) THB 72 mn N/A Sell(s) THB 9 mn N/A
Read More →BANPU to buy additional 50% in Springvale mine and Angus place in AU, transaction incurred no cash payment, will accept Bt864m liabilities for the purchase. BANPU raised stake in Australian mine from 50% to 100%, for Bt864m. Comment: Acquiring assets in the US and Australia. Tabloid reports BBL may book as much as Bt4b gain […]
Read More →AWC’s joined forces with Adrian Smith + Gordon Gill Architecture (AS+GG) on further development of Asiatique, mixed-use skyscraper pj, comprises of 2 5&6 stars hotels under Marriot Chain, commercial and residence pj under 36 acres complex, the largest on Chaophara riverbank. Comment: It won’t have a difference. Branded residences…perhaps in some locations throughout the world. […]
Read More →Just announced, the latest changes for the SET50, SET100, sSET, SETCLMV, SETHD, SETTHSI and SETWB indices, effective for 1H20. SET50 In: VGI Out: ROBINS SET 100 In: BGC, STPI, THG, TQM, VGI Out: ANAN, BLAND, ROBINS, SIRI, TVO And go to the link below to see the rest. Source: SET
Read More →ANAN sees strong 4Q and momentum into next yr with 7 pjs ready to transfer and Bt37b backlog, of which Bt5-6b to transfer this yr. Comment: The share price is trading at 10x 9M19 earnings…so if 4Q19 is at the company suggests then it would be close to 5x, and then if they just maintain […]
Read More →BC acquire 2 plots of land to develop 2 hotel projects in Lamai beach Samui and Sukhumvit road adjacent to BTS Nana station, announced dividend Bt0.11 dps, XD Dec 27. Comment: This could be an interesting name over the next 2-3 years. You’ll need to sit down and go through the business model and accounting […]
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