Market research on Thai Stocks in the SET Index
CPW upbeats 1Q earnings from mobile & gadgets sales supported by shopping tax rebate stimulus, U-Store branches thru universities, online sales & additional sales network from 56 outlets of IBIZ Plus. GULF & INTUCH signed agreement with Singtel to jointly develop & operate data center in TH. Comment: Perhaps a reframe is needed for Gulf, […]
Read More →ADB target 20% FY22 revenue growth >Bt2b driven by bioplastic & med-grade plastic compounds for blood bag, syringe, med equipment & packaging, mulls 50% capacity upgrade to fill demand from overseas. Comment: Great headline but look through the figures of the company, not much happened until the past 2 years and it wasn’t GPM driven. […]
Read More →ALT upbeats FY22 outlook from improved revenue mixed after branching out from telco network installation to EPC solar rooftop, sees popularity increase among industrial & SME clients from private PPA platform without capital requirement, target 50 projects install this year, mulls tapping in factory clients and government agencies. AS reaffirms solid 4Q21 from full quarter […]
Read More →AS: local fund, BBLAM, raised holding by 0.4382% to 5.0033% of total outstanding on January 27. Comment: It’s a bit late to be adding no? But I’ve been totally wrong on AS over the past 2 years, why? I remember all my meetings with them from 2010-2020 and didn’t think management would be able to […]
Read More →Notable Transactions Buy(s) THB 215 nm THG – The doctor is still buying JMART – The son follows the father and pumps! LALIN – Chairman of the Exec Board/Family member buys a large block. Sell(s) THB 13 mn n/a
Read More →BAM in talk several fin institution to joint establish distressed assets management co, sees upside from management fees, rev sharing. Comment: I have a random thoughts on this – but basically the banks HAVE SO MANY NPLS that several would effectively be at risk of bankruptcy and need to recap massive amounts of equity. This […]
Read More →ACG offering auto insurance renewal services via its AutoClick maintenance garage, aims to boost fees aside from dealership and maintenance services business. COM7 and KCE are expected to be added to MSCI, to be announced on February 9 and affective February 28, Tabloid. EE, via its 80% subsidiary Cannabis Way, is ready to harvest 1st […]
Read More →AJA’s started bitcoin mining on its 70 machines, as part of 200 in 1st phase with Bt90m investment, and will be realized from 1Q22, while planning 2nd phase with Bt200m investment for 500 machines. Comment: Well….why not!?! Are we going to see meme’s for these thai names involved in this space? BPP invests Bt442m in […]
Read More →APURE mulls price hike on exports canned sweet corn from higher packaging & transport costs, expects no impact to sales volume as price well below competitors, will begin exports frozen corn & frozen edamame 2H22. CPANEL sets 25% revenue growth target this year, on 3-5% growth in real estate industry, sets to increase precast concrete […]
Read More →Notable Transactions Buy(s) THB 191 mn RJH – That’s a large purchase by the independent director JMT – They’re in for an amazing few years….all this bad debt floating around…remember the only npl’s being sold now are pre wuflu. JMART – And he’s still buying Sell(s) THB 322 mn VPO – A sale to a […]
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