ThaiCapitalist research
AOT to sign MOU with NBTC on November 27, offering 5G commercial services at Suvarnabhumi airport in May 20, the 1st in ASEAN. BGRIM’s Bt8b CD were fully subscribed, will use proceed to expand 3,000mw LNG powerplants in Vietnam. EPG sees strong 3Q-4Q (Oct 19-Mar 20) on seasonal, higher efficiency and lower petrochemical price, but […]
Read More →So how much further can earnings deteriorate? Looking into my magic ball of future forecasts, I wouldn’t be surprised that by this time next year 1) Oil is +10-15% higher 2) Soft commodity prices recover 3) Coal prices are +20% or more, and 4) spreads for certain petrochems improve as well. I see that commodities […]
Read More →Notable Transactions It’s interesting to see that there are several owners/directors buying their shares post 3Q19 #’s Buy(s) THB 195 mn RS – Strange, he first sells at 13, and then buys back more at 12.84 ORI – The family is still buying shares. Sell(s) THB 54 mn RS – See above
Read More →Shutdowns prompt call for aid : Uttama wants relief for ailing businesses . In the wake of a spate of business shutdowns, Finance Minister Uttama Savanayana has instructed specialised financial institutions (SFIs) to roll out assistance measures for their ailing business customers. Bangkok Post Govt could seize land in Pareena case : Deputy Agriculture Minister […]
Read More →BAFS: rpt 91% completion of 367km 2nd phase North pipeline pj frm Pichit to Lampang, t/g to run total 576km Ayutthaya-Lampang by 2Q20, eyes 7% jet fuel sales vol grwth nxt yr. Comment: This pipeline is going to reap major benefits from BAFS when completed… BEM: to cod 8 MRT stations (Taopoon-Thapra) on Dec, t/g […]
Read More →AOT: board approved plan to estimate 2nd terminal, nodded a 50% discount in landing fee for int’l charter flights at 6 airports under management for 5 months from Dec1,19-Apr30,20. Comment: Why? This doesn’t boost tourism numbers. If all airports do this isn’t it just a race to the bottom? BH: debut special clinic for Aortic […]
Read More →AKR upbeats 4Q earnings from recognition of turnkey solar projects worth Bt150m, additional Bt400m backlog pending to realize, firms on 15% revenue growth target, will wrap up JV 30mw Vietnam solar projects 1Q20 ANAN reports 90% booking of 1,424 units condo projects IDEO Charan 70 – Riverview, target 4 new projects worth Bt13b by end […]
Read More →AOT reports 60% completion of midfield satellite 1 under SIA development phase 2, target cod within November 20. ECF reports cod 50mw solar phase 1 in Minbu, Myanmar (Total 220mw) GULF secured Bt41b loan from 16 banks for 2,650MW powerplants in Rayong, CODed in 2023-4, reaffirms Bt33b revenue forecast this year and Bt36b next. Comment: […]
Read More →AOT target 7-8% revenue growth FY20, expects passenger arrival +5-6% yoy, seeks to boost revenue from cargo business and non-aero revenue to balance revenue mixed, expects to kick-off airport city projects next year. Comment: International passenger arrivals continue to rock and roll, its the domestic traveler #’s that are declining rapidly. The Government is focused […]
Read More →And so all 3Q #’s are out, guesstimate is that they are -19% YoY for the market. What’s left for this week? Well its politics fun time! On the 20th November the country will learn whether or not FFP will be disbanded as a political party. My thoughts? This would be positive for the markets […]
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