Updates
ASIAN sets Bt11.3b revenue target this year from aqua and pet food, sets Bt535m capex to boost production efficiency for future growth. Comment: Will the petfood story come back again? The business is there and stable on a volume basis (granted there was that covid pump) INSET sets 15% revenue growth target, focusing on data […]
Read More →Earnings season is done. Want to know how it looked? Voila below As for the market…well…let’s see, dividend season is coming, I’m seeing several names with 6-10% yields that are interesting. Overall flow remains rubbish…and as superman mentioned to me…cookie munster (IVL) seems to have start selling, feels like Papa has come back to the […]
Read More →Earnings season is done, and management/directors are going wet & wild with their buying (or dumping…) Notable Transactions Buy(s) THB 90mn Sell(s) THB 35.3 mn
Read More →ERW firms on plan to open 14 Hop Inn budget hotels in Thailand, Philippine & Japan this year, to upgrade mid-scale & luxury hotel group to improve room rate, target 5% RevPar growth this year. Comment: It’s genuinely remarkable how consistent this group has been. But let’s see still plenty of time to f things […]
Read More →HANA set up a 49:51 JV with PTT, to study a possible investment in smart electronics industry. JMART reaffirms solid 1Q driven by strong mobile sales supported by new launched Samsung AI S24 Ultra, higher contribution from subsidiaries (JMT & Tee Noi hot pot) to boost earnings. Comment: Market just has no love for JMART […]
Read More →AOT: HK Express will launch new route from HK to BKK (DMK) effective Apr 25 in addition to flights to BKK (SIA), Phuket, & Chiang Mai. Comment: Don’t discount the upside…the numbers are just going to continue astounding and I’m feeling rather certain that Thailand will hit another infra bottleneck within the next decade for […]
Read More →AAV’s upbeat FY24 outlook from higher traffic from international route on visa free policy, new routes to Shianghai, Kaohsiung & Okinawa, target 20% FY revenue growth, cabin factor within 90% range, 20-21m FY passenger target. Comment: It’s going to continue getting better. The only q for AAV is how much of the increased costs can […]
Read More →Well, It looks like Korn Chantahoweveryouspellhislastname bottom ticked the Thai market. Perhaps his old man whingy letter in the newspaper is going to be spark the next amazing bull market for amazing Thailand.
Read More →Notable Transaction Buy(s) Sell(s)
Read More →