ThaiCapitalist research
Aeronautical Radio of Thailand reports 55% drop in flights to 464K flights last year, but reported 11.5% rise in December, while AAV had the most flights at 7,668. Ministry mulls new round for co-payment: The Finance Ministry plans to add another registration round for the second phase of the co-payment subsidy at the end of […]
Read More →ASP said SET’s expected to adjust SET50/SET100 freefloat criteria, by switching to Free Float Adjusted Mkt Cap from Full Market Cap, positive to BBL, SCC, SCB, KBANK, BDMS, CPALL, INTUCH, PTT, CPN, TISCO; -VE to DELTA, AOT, MAKRO, GULF, BAY, GPSC, ADVANC, PTTEP, SCGP, AWC. Comment: Well at least they are attempting to use their […]
Read More →AOT: extend fees waivers for concessionaires & airlines operating at 6 international airports for additional 6 months from previous waivers. ATP30: sells PP 65m shares (9.53% of total outstanding) at Bt0.99 apiece to Toyota Tsusho (TH). Comment: Now that’s an interesting development. BBL, SCB, KTB and BAY: FY20 due today, Bt21.23b, Bt26.72b, Bt16.34b, Bt24.96b consensus. […]
Read More →BGRIM: ADB sold 2.01% stake in overnight placement (52,295,200 share) at Bt51.40 – Bt52.40 per share, a discount of 2.5% to 4.4%, by JP and Citi. CENTEL signs 3 hotels, 2 in Vang Vieng, Laos & 1 in Khao Yai, adds 304 rooms in portfolios. Comment: I still think CENTEL > MINT in terms of […]
Read More →BCPG expects to sign 600mw windfarm projects in Laos within 1H, sees room for additional capacity from 160k acres land, targets M&A 300mw this year. BGC expects meaningful turnaround from surging demand for bottle packaging on recovery consumption & F&B delivery trend. Comment: If you remember (https://www.thaicapitalist.com/random-thoughts-protests-bgc-bottles-it-cpall-not-a-monopoly/) I unleashed quite a bit into BGC (and […]
Read More →CBG anticipates wider margins this year from full year contribution of new canning plant, improved econ of scale from larger OEM bottling orders, will add 1 new functional drink under C+Lock range, package subsidiary, APM, to cod paper containers 1Q21. CHO signs MOU with Thailand London taxi operator, Asia Cab, to jointly develop PEV and […]
Read More →A political bomb over the weekend, but small in scale, looking at the market this morning, its a non-event. Though I do expect to see things continuing to escalate further. Want a cynical viewpoint? Protestors need a martyr to win. We’re going to see the financials come out with numbers in the coming weeks, it’ll […]
Read More →Notable Transactions Buy(s) THB 212 mn THG – And he keeps buying AJ – Switch between family members TFG – He buys no matter the price SABUY – A new IPO in November ’20, and the CEO is buying a buy of shares. SGP – Switch between family members Sell(s) THB 1.3 bn CHAYO – […]
Read More →B4.6bn boost for Covid battle: Medicines, high-risk staffgiven priority. The Public Health Ministry has been allocated 4.66 billion baht from the government’s central budget to help fight the new Covid-19 outbreak. Bangkok Post FDA vows ‘safety first’: As Thailand’s vaccination drive looms, the government moves to allay fears about the Chinese vaccine it plans to […]
Read More →ADVANC dodges Bt13.5b claims from CAT, lodged since 2018, after Arbitration Committee resolved to dismiss the case. AGE targets 4mt FY21 coal sales volume, sees healthy demand from China, 1mt backlog to realize 1H, will cod 5th coal storage shed mid-Jan to expand output, will realize full contribution from 5mw Lopburi solar this year, seeks […]
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