ASW reported 9M22 residential sales at Bt13.1b, >Bt10b FY target thanks to strong sales of 2 condos (Kave Town Colony BKK Uni & Atmoz Oasis Onnut), will launch 2 projects Esta Rangsitkhlong 2 (SDH) & Kave Universe Bangsaen (condo) total Bt1.2b by end of year. CHAYO reported 9M22 debts acquisition >Bt4.2b, plans to add Bt10b-11b […]

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24CS: building engineering contractor specialize in electrical, air vent, telco and sanitary system, 24 Con & Supply, debuts 130m shares at Bt 3.4/share, UOB leads. Comment: Now that’s an IPO! ASIAN upbeats outlook from accelerated OEM pet food orders as international clients expand house brand products to boost margin, sees tuna & seafood business remained […]

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Notable Transactions Buy(s) THB 548 mn SABUY – A massive purchase by the founder. Similar to many others, he sold the free warrants and bought the shares. JMT – Founder buys and buys JMART – Founder’s son buys and buys MAJOR – Ohhhhhh, Vichai is back into buying shares in his own co? That’s a […]

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Week 26/09 – 30/09 News The Ministry of Finance (MOF) on September 23 proposed cutting special consumption tax and value added tax on fuels by up to 50%. If the proposal is approved, bio-fuel E5 RON 92 gasoline will decline by VND1,700 to VND20,531/ liter, RON95-III gasoline by VND1,921 to VND21,294/ liter and diesel oil […]

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AOT reports 46m passenger this fiscal year ending Sept 30, higher than 43m forecast, sets 110m target for next year, which will depend on China relaxing travel curbs, sees back to pre-pandemic in 2024. Comment: And India…jesus christ, this country has to get its head of it a$$ and realise there are more indians than […]

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AP’s firm on Bt38b presale in horizontal projects, after recording Bt26.8b 8M22, +25% yoy, plans 5 townhome projects worth Bt4.8b in 4Q, including Bt1.75b luxury projects Oct 8-8. BBL raises lending & deposit rates from today, deposit rates will be raised by 0.15%-0.5% while prime lending rate will be increased by 0.4. Others are expected […]

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AIE sees 3Q turnaround from lower biodiesel production costs as palm oil price drops 30% yoy, expects sales volume accelerates in 4Q on holiday season. EGCO raised 10% holding in 2 wind farms (Chaiyaphum 80mw & Theppana 7.5mw) to be sole owner post transactions, will realize immediate contribution from 3Q. GPSC completed transaction of US$500m […]

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Notable Transactions Buy(s) – THB 267mn JMART/JMT – Slight mess up in the calculations (hence the high avg price), father & son bought 1 mn shares in JMART, father bought over THB 100 mn in JMT LALIN – Co-Chairman buys a decent chunk. Sell(s) THB 129 mn FSMART – This board member sells 2 of […]

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ASAP upbeat 3Q earnings from recovery demand for car rental from domestic air fare stimulus, improved used cars sales, will purge 1k used vehicles in 4Q, firms on Bt4b FY revenue target. IIG firms on 30-38% revenue growth target this year to Bt900-950m, on higher contracts and expansions into ASEAN, especially VN and Indo. Comment: […]

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Week 19/09- 23/09 BAF VN: has built 4 more hi-tech pig farms, expected to go into operation in 4Q2023. This business is expected to supply more than 1.5 mn pig heads in 2023 and open 1,100 meat sales points. Comment: The business model is to grow pigs, and have their own sales point. Think of […]

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