Market research on Thai Stocks in the SET Index
BGRIM paid Bt116m for 49.9% in KOPOS, a developer of wind and solar farm in Korea, with 95.78MW capacity. DOD begins selling CBD oil from Jan 22, reaffirms big jump next year. Comment: 2022 may be the year that the hemp industry properly kicks off in Thailand. DOD is related to BJT GULF to resume […]
Read More →ADB in talk partner to expand bio plastic business, seeks to branch out from PVC compound sales to industrial clients to packaging producers, eyes 35-40% revenue growth next year >Bt2b. CPN to open Central Village luxury outlet phase 2 on Jan 28,22, expects more traffic from new category, Pet N Me, Xiaomi, Beautrium, golf & […]
Read More →ANAN teams up Mitsui Fudosan & Ascott to launch 5 service apartments projects, 1,809 units total Bt12b (Ascott Thong Lo, Ascott Embassy Sathorn, Somerset Rama 9, Somerset Pattaya, Life Sukhumwit 8), aims to boost recurring income from Expat & long stay. Comment: These projects were in the pipeline pre variants. Now if the CEO could […]
Read More →AMATA reaffirms 650 rai land sales target this year, sets 10-20% land sales growth target for next year, while existing Bt2,771m backlog to be gradually realized thru 2022. Comment: Do you remember the days of 2-3k rai land sales for AMATA? Long gone. BEM sees Nov toll way traffic topped 1m trips/d, avg MRT riderships […]
Read More →Notable Transactions Buy(s) THB 146 mn JMART – Look at that! I guess he really doesn’t want BTS to have as many shares as him or he just believes in the upside potential… Sell(s) THB 42 mn N/A
Read More →LH reported acquisitions of the SpringHill Suites by Marriott in Anaheim CA, US, a 120 rooms on 2.07 acres land from DKN Hotels for US$ 31m (Bt 1.056b), the property is just 2 blocks away from Disney Land. Comment: On price/key basis that’s ridiculously good. MC seeks to expand MC outlet in PTT retail stations […]
Read More →AJA signed MOU with China Mobile International (TH) to joint operate Mobile Virtual Network Operator (MVNO), smart city, modern tech and various aspects of smart solutions. Comment: Seriously? What has this company achieved over the past 5-10 years with any of its announcements? AOT: Jetstar Asia gets nod to operate 5 weekly vaccinated travel lane […]
Read More →Ascend Money, a digital payment and financial service unicorn of CP Group’s online business arm Ascend Group, has set its sights on becoming a top three player in the segment within Asean and is looking to expand its foothold in South Asia. Comment: They will look to go public at one point. BGRIM to enter […]
Read More →Notable Transactions Buy(s) THB 467 mn OSP – And he’s back to buying the family shares. This fellow isn’t really part of management, acts more like an investor. JMART – Adisak is still buying it up! He’s publicly said 70 is his target… TTA – Shipping is still going to rock and roll, just wait […]
Read More →BE8 secured Bt100m contract from Thailand Post for software installation and consulting on digital transformation. Comment: Software is eating Thailand. CHO to complete transformation to tech company next year, sees turnaround next year, supported by EV taxi. Comment: Wait what? CRC is set to spend Bt4.5b to purchase the majority of shares of Porto Worldwide, […]
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