ThaiCapitalist research
CPN sets 3 yrs capex plan at Bt22b to revamp existing 12 malls, expands 3 mixed use pj, add retail & office spaces, to raise residential ppty rev to 12% from current 7-8%. Comment: What economic slowdown? CPN is still going gangbusters, I wonder what is going to happen to the Mall Group in the […]
Read More →BAY mulls to cut FY20 loan growth projection from current 5-7% from challenging econ conditions, aims to curb NPLs below 2.5%, sees no impact on NII from BOT’s plan to revamp fees structure. Comment: Second to TCHART, BAY has been consistent performer for the past few years KBANK’s 10 days buyback program kick-off tomorrow (Feb […]
Read More →ADVANC said Arbitration Panel has dismissed a claim filed by TOT for Bt16.3b plus 1.25% interest per month, yet TOT can still fight in Admin Court. Comment: I wonder how much TOT will accept to walk away from this claim, at the end it’ll just be a numbers game AOT: Transport Ministry approves SIA north […]
Read More →Notable Transactions Buy(s) THB 27mn N/A Sell(s) THB 13mn N/A
Read More →Look for a horrible 1Q20 for almost every sector, and then a recovery (of sorts). What does it mean for the market, well has the market hit peak fear yet?
Read More →A study in panic : The coronavirus outbreak could kneecap the tourism and export sectors, though lessons learned from the Sars epidemic may lessen the blow. The novel coronavirus outbreak in China and other parts of the world has struck fear among the masses, with a global health emergency declared by the World Health Organization […]
Read More →ADVANC FY19 came after close at Bt 31.19b +5% yoy; missed Bt 32.18b consensus, pays interim Bt 7.34 dps, XD Feb 19. Comment: It’s a dividend payer, if 5G bids and capex are too strenuous it should comfortably maintain its DPS ratio, perhaps even an increase? AOT: report Feb MTD passenger arrival at SIA drops […]
Read More →KBANK: cuts MRR rate for SMEs & individual customers by 25 to 6.62% from 6.87% following policy-rate cut by 25 bps yesterday to record low at 1%. Comment: There go their NIMs, their ROEs etc etc KKP: target FY loan growth within 7-9%, NPLs below 3.9%, 10 IB deals on hand to provide cushions. Comment: […]
Read More →AAV may save as much as Bt800m after Cabinet cut jet fuel tax from Bt4.726/liter to Bt0.20/liter, Bt300m for THAI. Comment: But it may not make up for the loss in demand. ADVANC, TRUE, DTAC, TOT and CAT have all submitted bids for 5G spectrums, with ADVANC and TRUE said to be vying for 3 […]
Read More →Great piece of information sent to us this morning from the clever lady that is M.L. @ MBKET.
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