ThaiCapitalist Commentary
AAV seeks Transport Ministry approval to use facial recognition software system at check-in counters. JUBILE secures exclusive right to LINE Friend in Thailand, will launch new collections based on LINE Friend characters such as Brown, Cony, Choco and Sally. Comment: I find this move to be interesting for JUBILE and odd by LINE…I shall have […]
Read More →ADVANC may report strong 3Q, the highest Q in 3 years, up 29% yoy to Bt8.8b, Tabloid. Comment: At the end of the day its just a financial #’s game AMATA upbeats IE land sales momentum as trade war persists, 400 acres out of total 4,400 acres landbank in EEC area ready for quick start […]
Read More →AOT reports FY19 (end of-September) passenger traffic at 6 airports +1.7% yoy at 141.873m travelers, international passengers +4.4% yoy at 84.049m, domestic passenger -2% at 57.824m. Comment: I’m of the viewpoint that October #’s are going to be better than the market expects CPALL expands vending machine business, to penetrate in apartment, office, hospital and […]
Read More →AKR JV partner to invest 20mw solar projects in Vietnam, seeks to expand solar panel & transformer sales abroad, will bid 2 projects from authority worth Bt4.5b expects to win at least 10-15% of total. AP to start transferring Bt7.9b “LIFE One Wireless†this month, after 100% sold out. Comment: It will be interesting if […]
Read More →AWC’s retail portions were fully subscribed and Institutional portion is expected to be snapped up during October 1-3 as well, tentative trading sets for October 10. Comment: I doubt you’ll see big numbers on the first day for AWC, its a massive IPO… BAY will apply 70% DSR on personal loans and credit card applicants […]
Read More →So September is over. The usual two difficult months of the year have passed, so what going forward? Thailand specifically, I suspect will begin to post better than expected tourism numbers during the 4Q19 – have a look at the google trends for searches on tourism sites in Thailand. I suspect export numbers will look […]
Read More →Notable Transactions Buy(s) THB CGH – A trade between two family members PF – The CEO buys 1% of shares MTC – Director buys a decent size of MTC. PSTC – The CEO buys a decent chunk SPALI – The owners are buying shares, so no real estate crisis? Sell(s) THB CGH – See above
Read More →Govt speeding up megaprojects : Transport Ministry plans worth B1.94trn . The government is expediting the Transport Ministry’s mega-investment projects worth almost 2 trillion baht to stimulate financial flows and deal with anticipated volatility in the global economy next year. Bangkok Post Shipments down 4% in August on weak demand : Strong baht and glut […]
Read More →ASAP launches app, ASAP Limousine, Chauffeur & Limousine services to expand corporate client base, open booking from September 30. Comment: I do like what they are trying to do here. But the impact of these new services is small relative to their core business EGCO reports cod 455mw coal-fired Philippines powerplants in 4Q, lifts total […]
Read More →AQ files lawsuit against KTB and its board, seeking Bt3.9b for breaching compensation payment terms. BANPU to cod additional 2 powerplants projects combined 71mw before end of year. CK wins contract to build integrated medical and public health center building for Thai Red Cross Society worth Bt2.16b.COM7 sees 4Q earnings from newly launched Apple products, […]
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