Market research on Thai Stocks in the SET Index
Notable Transactions Buy(s) THB 456 mn JMART – Look at how much he’s bought back BANPU – Wonder if the founder/chairman realises that the recap was a silly idea, share price would be +50% higher by now… SPALI – Family still buying! MORE – Funny movements in this share price for a while… RAM – […]
Read More →BPP: firms on plan to cod 3 power plants in JPN & Vietnam total 60mw in 4Q. EGCO: subsidiary, EGCO Plus, acquires 17.46% in U.S-based renewable developer, Apex Clean Energy Holding, transaction to completed within 4Q. OTO: wins a 3 year contract to provide call center & customer service for State Railway (SRT) total Bt166.84m. […]
Read More →MAKRO: seek holders approval to recover Lotus Thailand & Malaysia assets transfer upcoming virtual EGM October 12, expects transaction completed within October 25, mulls sell PO to boost free float >15% from current 7% to qualify for SET50. Comment: Just imagine this does a DELTA. And yes recovery in business etc etc. MBK: issues free […]
Read More →B upbeats 2H earnings strong warehousing & cargo handling traffic, tailwind from raw water sales business & solar project in Vietnam, in talk beverage producer & e-commerce operator to provide logistic services, expects to wrap up before end of year. Comment: A smaller logistics play whose earnings woke up this year. CPW sees advance booking […]
Read More →AEONTS reports 2Q21np (end of Aug) at Bt678m, -29.8% yoy; missed Bt1.09b consensus, pays Bt2.5 dps, XD Oct 18. Comment: “Ruh Roh” KBANK to cut loans to coal-fired power plants, target carbon free by FY30. Comment: Idiots. But this is more PR than anything else, when was the last time Thailand had a serious launch […]
Read More →ADVANC may report Bt6,688m 3Q21, +2.7% yoy, as online-call center and AIS mini corner helped servicing clients during pandemic, while AIS fiber home internet rev showed promising growth, Tabloid. Comment: The story for ADVANC is 1) sale of assets to a fund 2) True & DTAC merging and then the entire sector can start charging […]
Read More →Notable Transactions Buy(s) THB 562 mn JMART – The Founder is still buying up shares, another THB 100 mn. RAM – The MD and a Director want to join in the party of the upcoming stock split? SPALI – Family members continue to buy shares in their co. HEMP – The CEO buys shares (from?) […]
Read More →AP will launch 1,237 units high-rise projects under jv Mitsubishi Estate, LIFE Rama4-Asoke, worth Bt6.7b, pre-sales kick off October 16. CPF announced buyback up to 400m shares or 4.65% of paid-up under Bt10b budget from October 15 till April 14,22, estimated FY22F EPS +3-5% if program successfully executed.CPF’s HK whole-owned unit, CPFI, proposed to take […]
Read More →AMA buys 76% stake in TSSK & Auto logistic for Bt578m, sees value additions from road/rail chem transports to its tanker business. Comment: Add another to the logistic names. Though their earnings have been incredibly lumpy over the past 4-5 years. Always looked at is as the logistics/fuel transport arm of PTG. AMATAV reports 52.7 […]
Read More →AIE reaffirms solid turnaround 3Q from recovery biodiesel sales volume on easing travel restriction, expects positive momentum 4Q from demand for fuels on holiday season, improved vegetable oil sales vol on reopen of F&B, higher export volume of raw glycerine to India & China for food, pharma, cosmetic production. Comment: Am curious to see how […]
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