Market research on Thai Stocks in the SET Index
AOT reported Vietjet resumes Phuket-Ho Chi Minh route of 4 flights/week. CPL said solid tannery business 5M22 had boosted capacity utilization to almost 100%, launched new biz line, Bio-TAN, to cater for environmentally conscious customers both here and overseas. Comment: When I see things like this, I genuinely hope that the companies care about the […]
Read More →Notable Transactions Buy(s) THB 279 mn JMART – And the founder keeps buying ORI – The founders obviously think they’re going to come out of this period with cracking #’s NUSA – Hmmm…I have question marks on this co, lots and lots of q marks. DTAC – Interesting that the founder of DTAC is jumping […]
Read More →BANPU sees growth momentum in 2Q from high energy price, 2H boosted by revenue recognition of its 93% stake in XTO Energy worth Bt25.1b. Comment: Despite the stupid hedges, its trading at 4x trailing PE, ROE’s of 20% and both natty gas and coal are far higher. CHAYO expected to book Bt300m gains from disposal […]
Read More →CHAYO seeks license from BOT to set up an AMC with banking partner in 4Q, target to buy Bt30b worth of bad debt for management in 2022-23, to sell Bt900m land in Phuket in July, firms on 30% revenue growth target this year. Comment: The issue for the industry is that the BOT has yet […]
Read More →AMATA mulls revising up FY22 revenue guidance from improved land & utilities sales, Bt1.45b out of Bt4.768b backlog to realize this year, sees upside from increased FDI. AMATAV target 100% revenue growth this year from strong industrial land sales in Vietnam from manufacturing relocation, higher selling price yoy on surging demand. Comment: Low base more […]
Read More →BCH sees solid yoy growth in 2Q22, on easing covid situations, boosting non-covid related traffics and oversea patients, firms on Bt17b revenue target this year, +104% vs 2020 and 1mil social security patient contract. Comment: Hmmmmm BGRIM anticipates 2Q turnaround from repriced Ft, improved feedstocks mgt, eyes M&A renewable power to diversify portfolio. CRC sees […]
Read More →Notable Transactions – Now that earnings season is over they are all back to buying/selling Buy(s) THB 680 mn JMART – Holy $hit. He and his son are still accumulating MEGA – Thats a rare massive purchase by one the GP group family SA – The fact that they are still solvent is impressive, but […]
Read More →National Security Here’s a list of recent national security measures some countries have taken: Indonesia changes its mind more often that a crack addict regarding its commodity exports, at one point it bans the export of coal, then the next month it allows it, then it decides to ban the export of CPO, and then […]
Read More →AAV: will resume 2 daily flights from SIA to KL from June 20. Comment: A large segment of the population still doesn’t realise how quick traveling is going to come back, but, only for certain segments. And AAV is going to easily pass the higher fuel costs for the first 6 months. Next year it’ll […]
Read More →BCP sees recovery in fuel sales, after boosting refinery output to >120K bbl/day, sees growth in marketing business, plans to add 80-100 retail stations, boosting total to 1K by end of year, sets Bt39b capex for this year. Comment: There’s still plenty of room for BCP to grow in the retail business. BDMS plans Bt23.5b […]
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