Market research on Thai Stocks in the SET Index
CPN firms on plan to open Central Plaza Ayudhaya & Sriracha in 2H, target completions of Dusit Central Park in FY24, 9.2 acres mixed-use projects under JV Hong Kong Land by FY26, will finalize plan to estimate mall in Vietnam before end of year. Comment: Still the best mall operator in the country by a […]
Read More →BCH’s confident covid tests could reach 500K in 2Q, after 300K tested in April-May, vs 390K in 1Q, while the country’s doubling of Moderna quota to 10m doses should also help boost 3Q earnings. Comment: And they are increasing the fee’s for the COVID patients. CCET to temporary halt operations at Petchaburi plant from May […]
Read More →AOT’s Bt41b passenger terminal (north expansion) gets greenlight from Deputy PM yesterday, as well as Bt7.8b (east expansion), with constructions start Jan 23 and April 22 respectively. Comment: The valuation of AOT still makes no sense. But c’est la vie. CK secured Bt5b water transmission tunnel, to official sign Bt47b dual-tracked Denchai-Chiangrai contract, boosting FY21 […]
Read More →BANPU sees solid 2Q21 on rising coal price to >$100/ton, while cutting costs in coal mines in Australia and Indonesia. Comment: And AGE and LANNA have benefited as well. JUBILE keeps 10% revenue growth target this year, on solid 1Q which showed a 11% growth, with plans to expand branches and promo in 2H to […]
Read More →With earnings reporting season over all the owners/directors have started buying/selling their shares again. Notable Transactions Buy(s) THB 988 AUCT – That’s a huge block trade, family took back some 14% the company. RS – He’s buying again. SABUY – They’re making moves and being paid well in share price performance, the MD buys more. […]
Read More →CENTEL sets Bt10,400m 3-year capex for hotel, food and other investment, to open Phuket hotel for travel bubble program there from July 1. Comment: They’re going to capture the market share. CRC cuts FY21 revenue growth target to 10-11% from 10-12%, scale back CAPEX by 10-15% from Bt16-18b, delay 3 malls launch including Robinson Lifestyle […]
Read More →KTC expresses interest in bidding for Citi’s consumer loan port. Comment: At the end of the day, I suspect that citi will be disappointed by the bid offers from the local incumbents as there should be overlapping in the customer base. PR9 accepts booking for Moderna vaccines, expected to arrive in July at the earliest, […]
Read More →AH inked deal MG to expand downstream to dealership biz, sees opportunities from PHEV & EV transition, eyes 20% revenue growth target. Comment: The shift to EV etc has zero impact on the business of companies such as AH, as they don’t manufacture engine parts… AUCT teams up BAM to host NPA auction on Jun […]
Read More →ADVANC upbeats 2H earnings from higher BB subscribers & eased px war, will launch budget 5G handset <Bt10k to expand segment coverage, accelerated data package upgrade to 5G. Comment: Imagine the second order effects from this. Allianz sees growth from insurance business in Asia post C19 as risk awareness grows. Comment: The listed play here […]
Read More →AGE sees upside to earnings after logged Bt121m in 1Q +193% yoy, reaffirms higher coal sales volume yoy on higher industrial activities, tailwind from logistic business boost earnings. Comment: Commodities, boom, they’re benefiting from the inventory gain. BCH kicks-off bookbuild on Moderna vaccine upcoming Wednesday, will finalize demand in 1 week, sees positive 2Q earnings […]
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