ThaiCapitalist research
Last day of the month, earnings are done, XD dates are in progress and so now the q is what’s next….will the markets price in the reality of a rather weak economy or will investors look at the potential momentum build up over the coming months/quarters/years? I still think this will be sector specific and […]
Read More →Notable Transactions Buy(s) THB 127 mn AGE – A swap between family members TFG – He’s still buying. And with commodity prices still going up, it makes sense. Their non-listed competition is suffering… SAWAD – The boss lady continues going for it. Sell(s) THB 154 mn AS – He’s been dumping heavily since the spike […]
Read More →Navy on defensive over sub plan: Top brass slam Pheu Thai ‘politicisation’. The Royal Thai Navy has defended its planned procurement of two more submarines worth a massive 22.5 billion baht from China, and accused the Pheu Thai Party of exploiting the issue for political gain. Bangkok Post Dept plans ‘villa quarantine’: The Department of […]
Read More →ABM target FY20 exports sales +30% yoy, thanks to strong demand for biomass fuels, target full year no less than 50k tons, new RDF fuel plant 2k tons capacity p.a. to cod in 4Q. BAFS expects full year jet fuel sales volume -60% yoy, in talk to buy 30mw solar farm to diversify risk, finalize […]
Read More →AS sees YoY revenue growth this year on >10 games launched, with 5 to be in 2H. Comment: Kicking myself for missing this. BAY cuts FY20 loan growth target to 3-5% from 5-7%, NII to 10-15% contraction yoy from -3% prior, coverage ratio 180-200 bps from 130-150 bps on fragile environment. BWG’s major holder, Komol […]
Read More →BCH sees record high 3Q on seasonal, new hospital, higher SSO payment, and foreign patients. Comment: Where are these magical foreign patients? Perhaps I count as one of them… CPN anticipates 2H turnaround from lower rent cut to 20-30% from improved traffic at malls to 80-90% compare to pre-covid level, sees overall OCC still healthy […]
Read More →BANPU sees 2H turnaround from recover coal sales volume and higher selling price from improving demand from China and Vietnam. Comment: If only it were a true coal play… BGRIM upbeats 3Q earnings from low gas price, sees electricity demand from industrial clients gradually back to normal posted reopening, seeks M&A to boost inorganic growth. […]
Read More →Hot off the presses yesterday. FTSE Global Index: Semi-Annual Review effective after the close of September 18. Large Cap Add: CRC, BGRIM, BBL (NVDR) Del: TOP Mid Cap Add: TOP, CBG Del: BGRIM Small Cap Add: MEGA, IMPACT, JMT Del: CBG Micro Cap Add: SGP, BAFS, SPF, S, PRIME, SABINA, SINGER, LST, TWPC, UAC, MAJOR, […]
Read More →Two words: Convalescent Plasma
Read More →ACE wraps up deal to buy 3 biomass powerplants with 26.9MW capacity from UWC worth, helping contributed Bt800-900m p.a. Comment: I still look at ACE questionably given the fact that the founder is a police general and likely won the contracts through “relationships” but having followed their calls, they are running a professional shop. AOT […]
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