Market research on Thai Stocks in the SET Index
BCPG paid Bt1,070m for 25% stake in Nam Tai for power transmission line in Laos (220 kilovolt). CV expects to conclude jv deal with partner to establish RDF production plant in Vietnam by eo-1Q, 70% of Bt2.4b EPC power plant construction projects to realize this year, eyes 150% revenue growth target. LPH mulls raising hospitel […]
Read More →CGH sets up PI Ventures with Bt500m capital to expand tech investments, including digital assets and Metaverse related projects around the world. Comment: They are very good at making money, for themselves, not minority shareholders. GPSC established jv with PTT, Nuovo Plus, to invest in battery value chain, supporting EV & renewable power storage business. […]
Read More →KCE’s growth momentum to continue on higher demand for PCB, boosted by growth in IT products and EV related, while extra windfall from weak THB, Tabloid. IMH re-open 200 beds community isolation facility for Covid patients in Ratchburana district. IVL to acquire VN PET packaging co, Ngoc Nghia (NN) capacity 76ktpa for Bt3.1b, transaction to […]
Read More →National Telecom (NT) is in talks with ADVANC for a partnership deal that would see ADVANC purchases 10MHz of bandwidth on the 700MHz spectrum range from NT. Comment: See there are still 3 telco players in Thailand. EKH anticipates solid 1Q from RT-PCR tests on resurgence of 5th wave, will cod elderly care home & […]
Read More →Notable Transactions Buy(s) THB 65 mn N/a Sell(s) THB 94 mn TOG – Share price has done magnificently well in line with earnings, now a family member sold W – “Guys’ there’s a company called Wow Factor, it must be amazing!”…”really..?”; a director sold off ~2%.
Read More →AI mulls bidding for Bt2b electrical porcelain insulators this year, sees yoy growth despite some delays in new projects, due to covid. BR: local fund, BBLAM, cuts holding by 4.4617% to 3.0694% of total outstanding Wednesday (January 5). Comment: Think they’re reducing it too early, soft commodities still going to the moon. CRD signs MEP […]
Read More →CBG anticipates FY22 sales turnaround on improving domestic consumption, recovery CLMV & China sales, will launch CBD mixed drinks before eo-1Q, 2 functional drinks in April, firms on 20% revenue growth target. Comment: Sales turnaround? Revenue this year is ontrack to be equal to 2020 and higher than 2019. JMART sets 50% profit growth target […]
Read More →BCP paid Bt1.6b for 20 years right on 99kms oil transporting pipeline between BKK-Bangpa-in from BAFS’s unit. CSS reaffirms big jump this year from contribution of 25% holding in 99.216mw Phu Khanh Solar Power Joint stock co., (PKS) in VN, 38% holding in Namsor hydro power plants in Laos, aims to increase renewable portfolio to […]
Read More →BLA teams up SINGER’s insurance subsidiary, SG Broker, to launch payment insurance protection (PPI) & life insurance, offering to SINGER clients, sees benefits to both parties.Comment: And SINGER has the SG Capital IPO coming mid-year. CMO’s CEO, Sermkhun Kinawong, resigned effective Jan 1,22, appointed Kitisak Jampathipphong to be successor. COM7 sees ATH profit 4Q21 supported […]
Read More →And the holidays are over! The MAI was rocking and rolling in 2021, after being absolutely rubbish since 2017, it’s great to see some life back there again. The SET looks decent in THB terms, though in USD – rather paltry…now if you look purely at the PE, its “only” at 15x for the SET […]
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