Updates
Earnings are coming out and guess what? Generally everything is great QoQ! (though ex rubber players, absolutely rubbish YoY). This week we have: 1) The US elections…this will be amusing, I have bets on Trump. 2) Thailand’s anti-monopoly org will have a decision re CP’s Tesco acquisition…I have bets they’ll use their archaic system and […]
Read More →Notable Transactions Buy(s) THB 84 mn NEWS – The Vicechairman of the BoD takes a larger stake in the co. Sell(s) THB 3.2 bn KBANK – A family member dumps shares. At these levels… STARK – This is a weird company, high market cap, not much activity, but a block sale still occurred…
Read More →Prayut lifts state of emergency : Protesters won’t drop lawsuit against PM. Prime Minister Prayut Chan-o-cha yesterday lifted the state of serious emergency and other related orders in Bangkok, one week after they were imposed to tackle anti-government protests. Bangkok Post Job woes add to swelling debt load : Falling income hits repayment ability. A […]
Read More →AOT: expects loss continue next year as pandemic erodes passenger arrival, sees average month to date domestic passenger traffic back to normal above 100kpd but international arrivals remained low 700 passenger/day, CEO. IVL: completed acquisition of PET recycling plant in Poland, IMP Polowat. Comment: Cookie munster continues. Now when their spread cycle returns to the […]
Read More →CHAYO: 33.6m new shares from stock dividend tradable tomorrow, October 30. Comment: And now with a higher equity base, will CHAYO have the 8alls to acquire high amounts of bad debt (should the Banks actually sell them into the market, we’re estimating some THB 500bn of official bad debts across the system by year end) […]
Read More →ASIAN: expects windfall from new wave of Covid as social distancing, travel restrictions and curfew abroad trigger restocking of canned food, read-meal & pet food. Comment: It’s their pet food business that has been driving ASIAN for the past 1-2 years. Something I’ve missed out on. *smash head against the wall* BDMS: sees strong advance […]
Read More →AWC: cod 72 villas luxury resort, Banyan Tree Krabi. BBL, KBANK, TISCO passed BOT’s stress test, expects official announcement from BOT within next few days, tabloid. Comment: BBL and KBANK both raised capital, TISCO hasn’t yet, I wouldn’t be surprised to see them require new capital next year. GULF: confirms cod schedule of 2.5k mw […]
Read More →What happens to the market when/if Prayuth steps down this week?
Read More →AOT: 8 international airlines including, Singapore airline, Cathay Pacific, Etihad, Emirates, Austrian, Lufhansa, Austrian, Swiss Air & Qatar to resume flights to SIA from November 6, EVA & KLM are expecting to resume before end of year. ASIAN: upbeat 4Q earnings from strong pet food sales momentum, expects to sign additional OEM orders from US […]
Read More →Notable Transactions Buy(s) THB 18 bn PLAT – Wow, it is cheap, but with AWC Plc turning Pantip Plaza next door into a warehouse/trade sale center, can PLAT still compete? SEG – Switching from personal holdings to a corporate structure THG – Another Dr buying up shares in THG W – I have no idea […]
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