Market research on Thai Stocks in the SET Index
ASIAN: maintained 10% FT21 revenue growth target >Bt9.4b, supported by Pet food & frozen food export sales volume as demand grows on improved purchasing power, mulls listing canned tuna & fish meal producer subsidiary, Asian Alliance (AAI), on SET next year. CENTEL sees FY22 EBITDA turns positive supported by recovery F&B operation, expects hotel RevPar […]
Read More →Notable Transactions Buy(s) THB 822 mn SABUY – The owner just signaled to the market that he’s going full steam ahead with his expansion plans. PIN – CEO/family takes a stake via a block, probably left/right pocket. AQUA – Major shareholder takes a block from…? This is such an odd company…its been on the internal […]
Read More →Central Group expressed interest in Selfridge takeover, was working with Citi on deal, SKY news. Comment: They are going to eat the retail world in Europe at this rate, though I don’t see Central group paying above “fair prices” JWD anticipates FY21 revenue exceed Bt5b target after registered rec high for 3 consecutive quarter, will […]
Read More →AAV predicts the aviation business will return to normal within 3 months on condition that more borders in the region reopen with no quarantine and RT-PCR test required. Comment: Define “normal” though yes I am of the viewpoint that we are going to see a strong rebound in travel IF/WHEN pcr tests/quarantines are taken out. […]
Read More →AP reports 10M21 sales at Bt31.2b, account for 88% of Bt35.5b full year target, mostly from SDH projects (Bt28.59b) will launch 12 horizontal projects total Bt8.57b (9 townhome & 3 SDH) for remained 2 months. Comment: Amazed? Shouldn’t be, competition is gone. BEM sees average tollway usage reached 1.2m trips/day while Department of Rail transport […]
Read More →ADVANC sets Bt25-30b 5G capex next year, while AISCB to start lending services 1Q22, penetrating 43m its customer base., sees strong data traffic next year supported by Metaverse trend, roll out bundled 5G handset and air time package to boost market share. Comment: SCB is no longer restricted to its own branch network. Britania, a […]
Read More →ASIAN reassures solid 4Q supported by additional capacity from pre-fried food & pet food production, higher domestic & export sales, will expand frozen food & pet foods to overseas market next year. BE8: cloud sales, service, marketing, application solutions, Beryl 8 Plus, debut IPO 50m shares @ Bt10/share. Comment: Small name, small float, couldn’t get […]
Read More →Notable Transactions Buy(s) THB 17 mn N/a Sell(s) THB 11 mn N/a It’s earnings season, expect for everything to be quiet for the next week.
Read More →AOT maintenance 3.7km west runway of DMK airport for 270 days from Oct 27, 21 till Jul 23, 22, sees no traffic congestion, flights density are manageable. CHAYO in talk to buy bad debts from 5 fin institution total Bt10b, expecting to secure Bt6-8b before end of year. Comment: Because BAM is done, everyone else […]
Read More →AGE revised revenue target this year to Bt12b from Bt11b, on uptrend coal price and booming logistic business, sees record high coal sales at 5.5m tons. Comment: The chinese have tried to smack the coal market with margin requirements, thereby leading the prices to drop ~40% in a week. Now it appears that they’ve cleared […]
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