Market research on Thai Stocks in the SET Index
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 […]
Read More →Notable Transactions Buy(s) THB 99 mn TIDLOR – Even I’m curious as to how these players are able to maintain these valuations, but c’est la vie at the moment. And this fella still likes the shares at the IPO price. TCAP – The Chairman buys THB 30mn+ Sell(s) THB 329 mn THG – A massive […]
Read More →AI signs substation projects for Provincial Electricity Authority worth Bt 348m. COM7 raised FY21 revenue growth target to 20% from 10% earlier, after reporting 97% yoy growth in 1Q21, keeps plan to have 1,000 branches by end of year. Comment: Just astounding figures. MTC mulls raising loan growth target this year from 20-25% earlier projection, […]
Read More →ADVANC firms on plan to expand 5G coverage, sees mass data package upgrade for surging demand for distance learning and WFH, add bundle pkg 5G, BB and wifi to draw more subscribers. GLOBAL upbeats 2Q earnings from higher sales yoy, wider margins on building mat thanks to higher steel price and tailwind from online sales, […]
Read More →AP upbeats 2Q earnings after logged Bt1.4b profit in 1Q +127% yoy thanks to healthy demand for SDH and transfer of ready-to-move in condos, will launch 5 SDH projects total Bt2.66b in 2Q. Comment: These are impressive figures, there are still developers doing well. Why? Their smaller listed and definitely non-listed competitors are dead. ASIAN […]
Read More →BCP: SSO cuts holding by 0.0802% to 14.9595% of total outstanding on May 5. IVL sees positive growth momentum 2H21 from recovery global demand for PET, IOD & gasoline, expects full year PET spread remained high from healthy selling price due to low output from China, sets US$1b capex to revamp plants, recycling business and […]
Read More →BANPU expected to report after market shut, Bt993m consensus. Comment: Commodities – Let’s see what the #’s are. What a busy week it is. GPSC reports 1Qnp @ Bt1.97b, +25% yoy, thanks to higher profit sharing revenue from Xayaburi hydro power, gains from disposal of Global Renewable Power and dividend income from RATCH, Rayong Waste […]
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