Market research on Thai Stocks in the SET Index
BJC: is expected to report turnaround 4Q from +2% SSSG yoy, higher fresh food sales revenue from price hike & improved inventory management, higher rental revenue yoy after cod-ed of 5-7th floor of BIGC Ratchadamri branch, aims to list retail unit, BIGC, on SET in 2H25. Comment: Note that this isn’t volume growth. TISCO: FY […]
Read More →Notable Transactions Buy(s) THB 198 mn Sell(s) THB 21 mn
Read More →CPN and CRC’s Central Dept Store are investing Bt500m in CNY campaign under “The Great Chinese New Year” from Jan 7 – Feb 6. CPN anticipates 1Q traffic thru malls +20% yoy supported by Easy E-Receipt shopping tax rebate stimulus. Comment: It’ll be interesting to see the 4Q24 #’s of CPN and CRC… DELTA sets […]
Read More →AEONTS reported 3Q24 (end of Nov 24) at Bt788.57m, +11.7% yoy, beats Bt687m consensus, thanks to Bt94m gain on disposal of AEON Microfinance (Myanmar) in Nov 2024, operation wise PPOP came in at Bt2.6b, -4.9% yoy, -12.6% qoq, loan port -4.4% yoy & -1.8% qoq, NPLs -0.3% qoq to Bt5.3b but NPL ratio increased due […]
Read More →AAI sees no impact from Trump trade policy on pet food business, mulls increasing exposure in middle east to diversify earnings, additional production capacity of 3ktpa up on stream from 1Q25 to boost this year earnings. EA announced cash call via RO, selling 4.95b shares to existing holders, issue free warrant (EA-W1) not exceeding 1.237b […]
Read More →ACG anticipates 1Q25 turnaround from surged traffic thru 15 branches of Fast Fit auto maintenance center supported by Easy E-Receipt shopping tax rebate, fluids & parts sales via online. Comment: Just don’t see how they’ll become competitive in scale versus B-Quik. STECON reported construction backlog topped 2 years high >Bt112b at end of FY24, mulls […]
Read More →ACE reported cod-ed of 5 solar projects combined 35.4mw, lifted total to 89 projects with total installed capacity of 726.15mw (34 cod-ed 349.21mw & 55 under development 376.94mw). AWC upbeats FY25 outlook from 13% increased hotel room capacity (7,052 rooms) as several hotels scheduled to cod this year including Melia Pattaya, Pattaya Marriot, Fairmont BKK […]
Read More →Notable Transactions Buy(s) THB 472 mn Sell(s) THB 526 mn
Read More →AOT: Etihad to open link from UK to 7 Asian cities via its Abu Dhabi hub, will start direct flight to Krabi from Oct 2025 follow by Chiang Mai from Nov. Comment: Etihad vs Emirates, lfg! tourism will continue to boon in Thailand. BA sees advance booking from 4Q24 till end of 1H25 +12% yoy, […]
Read More →AH sees windfall from Honda & Nissan M&A deal as it’s already suppling OEM parts to both, multiple manufacturing bases in TH, CN, Malaysia, Portugal providing competitive advantage from risk diversification. Comment: There’s no windfall…volumes would remain the same. SEC asks CPAXT to clarify its investment in Happitat by 25 Dec, amid concerns of conflict […]
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