Market research on Thai Stocks in the SET Index
ADVANC’s written to the NBTC to express opposition to the planned merger of its rivals TRUE and DTAC, according to a source at the regulator. Comment: The letter probably said this “we don’t want to be the #2 player, it hurts our ego” AMATA’s board approved land investment in Laos, will start develop industrial estate […]
Read More →7UP appointed former police commissioner, Somyot Poompanmoung, to be chair of the board, effective March 30. Comment: Oh happy corruption times, what share transfers, business transfer etc etc are we going to see here. HENG target 30% loan growth, Bt12b loanbook target by end of year from Bt9.2b FY21, will add 100 branches to expand […]
Read More →DHC VNKWE Beteiligungen AG bought 420k DHC shares on Mar 28, thus increasing its stake from 13.89% to 14.49% (10.14mn shares). Comment: They make boxes and cartons, think that it’s the VN equivalent of UTP, and they’ve shown the same revenue/profit growth trends. FLC VNFLC Chairman Held by Police for Alleged Stock Manipulation: Police investigation […]
Read More →CIVIL sees higher than expected revenue growth to Bt10b, from Bt6b earlier forecast, and from Bt5b last year, seeing resumption of projects and constructions after 2 year hiatus during covid, eyes participating in bid for Bt14b Kratu-Patong expressway in Phuket. EA to gradually deliver 800 E-bus in 2H22, after acquiring Smart Bus, while setting Bt2b […]
Read More →BGRIM target to wrap up 2-3 oversea PP deals with 100-200MW capacity by eo-1H, in collaboration with TRUE to develop digital innovation for power business, by focusing on commercial buildings and IEs. Comment: The power monster of the region. BH: BBLAM cuts holding by 0.3141% to 4.1736% of total outstanding on March 24. CPF’s exported […]
Read More →AH anticipates solid 1H from strong auto parts orders & MG auto dealership operation thanks to PHEV sales & BEV stimulus, firms on 30% revenue growth target. ASK sees 1Q22 loan growth +20% yoy driven by commercial vehicles hire-purchase, target FY22 new loans >Bt36b-38b, NPLs below 3%, stretch term loan to assist clients. Comment: They […]
Read More →Notable Transactions Buy(s) THB 359 mn BTS – The big boss is back to buying his shares SABUY – He continues buying in scale, even though other members of the board and management appear to be selling JMART – And Adisak continues accumulating! Sell(s) THB 354 mn BBIK – An overnight block to institutions.
Read More →CPF sets 10% revenue growth target this year from Bt517b last year, to start exporting to Saudi Arabia in 2-3 months, after 5 plants with 7-8K tons got approval from Saudi FDA. NYT sees recovery traffic at RO-RF pier on improving auto EXIM, expects BOI EV incentive boost exports volume. Comment: The volumes from EV […]
Read More →BEM upbeats 1Q earnings from 200k average MRT ridership/day, 1m trips tollway usage/day. CENTEL sees recovery in hotel and F&B business to Bt5.9b and Bt12b to the level seen in 2019, boosted by relaxed PCR rules for tourists starting April 1, and 2 new hotels in Dubai and Samui. Comment: No reason to be surprised, […]
Read More →BANPU’s renewable subsidiary, Banpu Next, to cod 16mw solar floating in Lakchai Industrial Estate Rayong mid-FY22, inked deal Apex Green Industrial Estates to develop 32mw projects. Comment: Minimal impact to their bottom line, however does show that they are continuing on the group’s strategy to go renewables/green CIVIL said to boost backlog to Bt20b by […]
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