ThaiCapitalist research
And the noise regarding rates continues this week. Let’s see how this unfolds, commodities still the only place in town…what about the insurance names that should benefit from 1. Rising rate environment 2. Older population – more insurance 3. Post covid a permanently higher customer base for health insurance policies Note energy security coming into […]
Read More →Notable Transactions Buy(s) THB 382 mn GULF – King kong is back to buying his shares. JMART – And he’s still accumulating shares, they’re targeting 50% growth again for this year and next… K – That’s 5% of the shares bought by the Director ORI – And the wife continues to accumulate. Sell(s) THB 98 […]
Read More →Doubts linger over job situation: While the state planning unit reports that unemployment is improving, others remain skeptical. The government’s planning unit, the National Economic and Social Development Council (NESDC), reported on May 23 Thailand’s unemployment rate dropped in the first quarter to its lowest level since the start of the pandemic, boosted by higher […]
Read More →ANAN says no impact from Bt60.77m investment in 225k KUB Coins as price plunged, got guarantee price buy back from Bitkub Blockchain Tech, Bangkokbiznews. Comment: BItkub seems to have quite a few buyback guarantees out there, how are they going to finance this? A cap raise? Or is this what SCB found in their DD […]
Read More →AOT to pay full rental to Treasury Department, from 50% during covid, if govt declares an endemic from July 1. Comment: Here is the dirty little secret. When the government finally declares its an endemic. Then all the discounts and delays in payments that companies had during COVID are gone. BC’s indirect subsidiary, Bespoke Life […]
Read More →EPG’s board approved acquisition in AU aftermarket parts manufacturer, 4 Way Suspension Products, for AUD75m, aims to expand scope of products, increase bargaining power of raw material suppliers, increase distribution channel in AU mkt, benefits from product R&D & costs saving with Aeroklas Australia, transaction to complete by end of June. Comment: I like the […]
Read More →BAFS sees 2Q jet refuelling +19% yoy (673m liter), firms on Bt3.3b full year revenue target +101% yoy.BAFS to return to profit next year, sees solid recovery ib jet fuel sales in 2Q from reopening and PP business. Comment: Goes without saying, you don’t need tourist #’s to recover immediately, just # of flights. ITEL […]
Read More →AOT reported Vietjet resumes Phuket-Ho Chi Minh route of 4 flights/week. CPL said solid tannery business 5M22 had boosted capacity utilization to almost 100%, launched new biz line, Bio-TAN, to cater for environmentally conscious customers both here and overseas. Comment: When I see things like this, I genuinely hope that the companies care about the […]
Read More →It’s going to be a small trading band volatile period for the market, other than commodities which continue to go to the moon. Why? Everyone’s waiting on the Fed and are hoping and praying that the bottom does come out. But for TH and most of SEA it’s an odd period, reopening into this environment […]
Read More →Notable Transactions Buy(s) THB 279 mn JMART – And the founder keeps buying ORI – The founders obviously think they’re going to come out of this period with cracking #’s NUSA – Hmmm…I have question marks on this co, lots and lots of q marks. DTAC – Interesting that the founder of DTAC is jumping […]
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