ThaiCapitalist research
(+/-) SET50/100 – Brokers have begun calculating the potential SET50& SET100 for 2H19 using the closing prices as of 31 May. Officially they’ll be announced by the mid of this month. SET50 Expected Additions: OSP, SAWAD, Expected Deletions: CENTEL, SPRC SET100 Expected Additions: OSP, TPIPL , JMT Expected Deletions: GOLD, ANAN, WORK (+) 19 Single […]
Read More →BBL maintains 4-6% FY19 loans growth target, expects credit cost drops to 1% vs 1.08% FY18 from lower LLP yoy on improved assets quality, eyes more fees from bancassurance & mutual funds business. Comment: Banks in Thailand just have massive industry structural issues. Unless they can figure out a way to expand regionally like the […]
Read More →BEM to test run blue line MRT extension, Hua-Lampong-Lak Song, 27 km 11 stations from Aug 12, target cod from September. BJC reaffirms 2 digits revenue growth this year from BIGC hypermarket expansion, target full year SSSG above 2%, in talk clients to secure can packaging order, expects to wrap up 2H. EPG’s firm on […]
Read More →AMATA expects jump start investments in EEC area following clarity of formation of new govt, sees IE lands trnsfr accelerate in 2Q, in talk to sell 320 acres land to clients, m/t 430 acres full yr sales t/g. Comment: Both WHA and AMATA are betting heavily on the EEC plan to pull them through AU […]
Read More →The period between 1Q earnings and 2Q earnings are always the most fun because there is no real corporate announcements and everything is less driven by the recent announcements and purely market demand/supply for each name and the market/industries. So let’s see how the next 3 months perform. Ah yes and there’s still the US […]
Read More →Admin Court issued a verdict dismissing claims by TOT against DTAC (Bt246b), TRUE (Bt59.6b), ADVANC (Bt5.45b) on access charges. Comment: And thats a boon to all the major players esp DTACÂ AOT cut FY19 revenue growth target to 5% from 10%, revised down full year tourist arrival growth target to 5-6% from 6-7% from impact […]
Read More →PPRP Coalition ‘Imminent’: Chuan’s selection as house speaker points towards make-up of next govt. Democrat Party list MP Chuan Leekpai was voted House Speaker yesterday, signalling that the Democrats and Bhumjaithai will join the camp led by the Palang Pracharath Party (PPRP) to form a coalition government with deals for cabinet seats already having been […]
Read More →AOT to open bidding envelop for Suvarnabhumi airport’s duty free and commercial area today, among contenders are King Power, BA and ROH. Comment: And by now we all know that King Power has own for Suvarnabhumi ASAP in deal with SCB to provide low interest rates for used-car HP at 2.79% during promo event at […]
Read More →Chief Executive Officer, Mr. Lee Chy Tek Lionel discusses the company’s strategy and outlook in The Executive Talk (TET) by ShareInvestorThailand.com. TET: RML’s strategy has undergone some transformation. Could you explain the details of the company’s new strategy? RML: We found ourselves a good Thai partner with KPN Property to assist in the knowledge of […]
Read More →BGRIM to COD 3 solar farm projects in Vietnam with 677MW capacity in June, confident of achieving 15-20% revenue growth target this year, eyes 2-3 SPP deals in Thailand by end of-3Q. BTS expects skytrain ridership +4-5% after cod Lat Phrao Intersection station (N9) next to Central Ladpral mall and TMB HQ in 3Q.Comment: I’ve […]
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