Market research on Thai Stocks in the SET Index
KBANK may be readmitted to MSCI after raising free-float, sees Bt6.1b inflows, while BAM may be deleted, announcement Aug 11 and effective Aug 31, Tabloid. Comment: It’s going to be a fun week for this sector. MAKRO added 3rd hypermarket branches in Phnom Penh, sees positive feedback from local F&B operators, mulls tapping in VN […]
Read More →Notable Transactions Note: It’ll be another week of no trades until earnings season is finished (15 Aug) Buy(s) THB 35.7 mn KKP – Thailand’s most respected(?) banker and the Chairman of the Excom buys shares. Sell(s) 11.9 mn N/a
Read More →BAY sees no impact from trouble at Zipmex, as it only holds 1% stake in the co. Comment: I wonder how much DD went into this investment BGRIM signed MOU with Laos-gov’t ctrl electricity co, EDF-Gen, to jointly expand hydro, wind, solar & green energy projects in SEA. Comment: They are just taking over the […]
Read More →AMATA and WHA stand to benefit on relocations following fresh China-Taiwan tensions, while ASIAN, TU, TKN, and SNNP may benefit from food export bans, Tabloid. Comment: Well, everyone used to say that AMATA and WHA was going to benefit from the China tariff’s, that didn’t materalise. Why would this? And if there is going to […]
Read More →BAM anticipates 2 year high earnings from lower provision, will wrap up NPA land sales to SENA in 2H, mulls establish distressed assets management venture with finance to boost revenue. Comment: Well I think that we can all guess that BAM and KTB should/will partner. BAY’s card unit, Krungsri Consumer, reported Bt153b card spending during […]
Read More →Chief of ADVANC’s pushing the NBTC to decide whether to approve or decline the TRUE-DTAC mega merger, noting that the agency has the legal authority to do so. Comment: The NBTC is having a field day collecting payments from all the groups. AQUA in collab with THR, a unit of THG, opens the Hills Rehab […]
Read More →AOT’s Mae Fah Luang-Chiang Rai International Airport will be closed until Wednesday after a Nok Air passenger jet skidded off the runway on Saturday night. COTTO hikes ceramic tiles & flooring products price by 1-2% on higher energy costs, expects 2H sales fairly even with 1H, sets Bt400m budgets for efficiency upgrade, jv overseas partners […]
Read More →A shortened week in the midst of earnings season thus nothing happened Notable Transactions Buy(s) THB 1 mn n/a Sell(s) THB 4.5 mn n/a
Read More →Time for some rants and random thoughts. Disjointed spending If you’ve been walking around the 3S’s (that’s my acronym for sukhumvit, silom and sathorn) during Wednesday-Friday this week (a few weeks ago) you’d think that Bangkok is dead quiet and that there is no economic activity occurring. This just led to me thinking that we’re […]
Read More →BJC: sets Bt 1.6b capex to up capacity of tissue & personal care products, revamp warehouse automation to save costs. Comment: I still wonder how much shrinkflation can help companies such as BJC show earnings growth. CKP: reaffirms solid 2Q from strong flow rate at Xayaburi hydro pp, higher equity income yoy after raised holding […]
Read More →