Market research on Thai Stocks in the SET Index
ORI reaffirms 2Q turnaround driven by completion of 3 condo project, Bt45b backlog pending to realize, keeps Bt30b FY sales target , Bt22b FY transfer, mulls selling hotels & warehouse into REIT in 3Q. Comment: They need to rush to sell these assets into a REIT…still impressed that the company has yet to go belly-up […]
Read More →GULF is taking a cautious stance this year, with no plans to acquire new energy assets or increase its stake in KBANK, citing the slowing economy. The company is also considering selling some assets to improve cash flow. Comment: Wait, GULF is having cash flow issues? Or did they receive a slap on the hand […]
Read More →JPARK in talk partner to management parking-lot total 3k slots, expects to wrap up by end of month, firms on FY target 50k slots by end of year. Comment: Still need to know more about this group… MOSHI: Deputy CEO, Monthana Asavametha, sold 3m share or 0.9% to Samsung Asean Equity Fund @ Bt42 on […]
Read More →ASK: Chailease Capital raised holding by 7.9827% to 9.4219% on Jun 6. Comment: I still remember when the share price was going sky high in 2021 and they raised capital and asking a good friend (Mrs ML I know you’re here), “since when did ASK become a growth stock?” and she went “this world is […]
Read More →ADVANC, GULF, JAS secure exclusive rights for Thai Football League broadcasts for the next 4 seasons till 2029, includes an option for a 2-year extension. Comment: It does feel that Gulf is slowly chopping away at the stranglehold that CP group has had with True. AOT: Emirates launch 2 new routes via BKK-Danang & BKK-Siam […]
Read More →Notable Transactions Buy(s) THB 38 mn Sell(s) THB 0.4 nm
Read More →EPG sets Bt14b revenue target this year, on aggressive expansion in contraction mats and packaging, while focusing on cost control to maintain margin, sets Bt483m capex. OR in collab with RCL in developing biodiesel for shipping fleet, aiming to reduce carbon footprint. SPALI keeps plan for 36 new projects, after recovering from quake, with windfall […]
Read More →ICHI sees solid 2Q with 25% rise in sales on recovering oversea sales, especially CLMV, while OEM has received Bt185m in orders, plus extra gain from Ayudhaya land sales worth Bt120m. Comment: Well – it’s the “hot season” as well. Let’s see if this actually the case, I was of the viewpoint that we were […]
Read More →Ohhh boy here we go. Note: There’s likely to be several data errors, blame the service provider, I’m not going to double check ~900 listed companies results. Chart 1: Ups and Downs Comment: Which companies showed increases/decreases QoQ and YoY for both sales/revenue & net profits. How’s that for a depressing image that ~20% of […]
Read More →GULF reported 1Q net income rose 55% yoy to Bt6.6b, based on pro forma financial performance after completing a merger in April.GULF is to raise Bt300b to refinance and boost future investment after merging with INTUCH, over next 5-10 yrs. The plan will replace the Bt200b plan, under which Bt185b have already been issued. Comment: […]
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