ThaiCapitalist research
Notable Transactions Buy(s) THB 651 mn BDMS – The family takes a huge buy, THB 400 mn, vaccines are going to make them a small fortune. TRITN – I have too many question marks about this company. TPIPL – Family member buys 20 mn shares, doesn’t offset the below. RS – He’s still believing in […]
Read More →New SET50 free-float rules will likely be announced either by this or next week with implementation from July 1, 2021. Tabloid quoted broker expecting the followings: Weighting increases: BBL, KBANK, SCB, SCC, BDMS, CPALL, INTUCH. Weighting decreases: AOT, DELTA, OR, GULF, ADVANC. New Additions: BANPU, KKP, KCE, STA, IRPC. Deletions: VGI, TOA, GLOBAL, DTAC, COM7. […]
Read More →CPF’s expected to report all time high quarterly profit in 1Q21 at Bt7,644m, +25% yoy, on higher swine sales, contribution from CTI and Lotus, mulls introducing plant-based products locally, Tabloid. IHL sees 20% revenue growth this year, on rising orders in leather products and pet foods. Comment: We’re wondering how big a jump in auto […]
Read More →ANAN reports Bt3,979m 1Q21 pre-sales, 17% higher than target, thanked to 100% sold-out of one condo projects, sees solid demand for condo along mass transit lines. Comment: Sold out one project @ cost? BEAUTY develops new business model, by securing distribution channel via retail outlets in provincial areas, sets to appoint 8 large distributors, covering […]
Read More →I’ll start with a question, what is the the largest total addressable market today? Scroll down to see that rabbit hole…. Disclaimer: I love the military, don’t put me in jail :p WuFlu and Vaccines Thailand’s going through another amusing period….right before another long holiday period, right before protests were picking up again….of covid-19 cases. […]
Read More →BA anticipates it will not return to profit until 2024, though it sees investment opportunities in maintenance, repair and overhaul (MRO) services in the EEC for long term growth. Comment: MRO services are a great money maker at scale. The question is whether Thailand will be considered competitive when compared to Singapore and the Philippines. […]
Read More →AGE sets 5.5m tons coal sales target this year, boosting rev to Bt11b, sets Bt280m capex to expand logistics. Comment: Oh hello high coal prices and inventory gains. Think I’ve been banging on about this for 6 months. AOT expects 370K passengers thru Suvarnabhumi airports during 10 days around Songkran, +10% yoy, with flights increasing […]
Read More →Watch for a messy re-opening for tourism. Too many q’s re Phuket…1) Will this incompetent bunch of donkeys actually be able to systemically vaccinate the population there? 2) What about the tourists from Bangkok that frequent Phuket at the moment, do they not outnumber the potential number of foreign tourists for the next 3-6 months? […]
Read More →Notable Transactions Buy(s) THB 7.3 bn OSP – Left pocket right pocket, though I think the seller is probably going to build a massive art gallery after receiving this pile of cash. MJD – Largest shareholder in the family here takes another ~3% of the shares, way below market price. JMART – And boom the […]
Read More →NBTS said postponing 5G license payment proposal is in conflict with TORs and a special order under Article 44 is needed, otherwise would sure to result in further lawsuits. Transport Ministry to sign TH-China high-speed rail projects today, total 3 contracts worth Bt27b, China State Construction-NWR-AS Associate consortium wins Bt11.525b, ITD’s Bt6.57b and UNIQ wins […]
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