Market research on Thai Stocks in the SET Index
BIZ signed a contract with 2 public hospitals to supply LINAC (Linear Accelerator) for cancer treatment total Bt340.6m, lift backlog above Bt1.8b. COM7 upgrade www to boost online sales and diversify risk from solely rely on branches, expects positive sales momentum from Apple & gadgets sales carrying thru holiday season, maintaining 10% full year revenue […]
Read More →BCP adds CRC’s mini mart brand, TOP’s, in retail stations, add more Inthanin café to boost non-oil revenue. JKN board approved to move JKN listing from MAI to SET, will seek SET approval. GUNKUL upbeats 2H earnings from EPC solar projects and contribution from wind & solar power port, 30mw Kenyir solar & 40mw in […]
Read More →Notable Transactions Buy(s) THB 60.6 mn RS – The Chairman pounds his fists and takes more shares in RS. Sell(s) THB 640 mn TIW – Looks like a reverse IPO in the works, with a renewable energy co taking 67% of the stake in TIW UTP – The independet director decides to dump some of […]
Read More →MINT says worst is over in 2Q20, 70% of hotel operations and 90% of restaurants has resumed. Comment: One would hope so. And now with their balance sheet “saved” with the recent cap raise. Each quarter for the next 16 quarters will show constant improvement. MTC sees solid recovery in 2H from school reopening and […]
Read More →CIMBT will revert to normal LLP in 2H, after having set extra in 2Q, confident of controlling NPLs at below 3.6% and emphasizing on digital lending, while fees from wealth business rose 20-25% yoy. Comment: This is the key point, now banks, excl KBANK, are going to report real numbers. SPCG target 50MW solar rooftop […]
Read More →AAV add 4 domestic routes, SIA-CNX 5 daily flights, SIA-HKT 3 daily flights, 2 daily flights for SIA-KBV and SIA-URT starting from September 25. Comment: Flights I’ve been taking are constantly full (note AAV has been changing departure times quite regularly, likely to ensure a full flight & save costs) CNT sets up renewable earnings […]
Read More →CCET reported July electronics components sales at US$293k, -0.5% yoy.EA has no plan to raise capital, as it has over Bt10b in annual cashflows, plans to reduce stake in Laos PP to 40% from current 50% for new partner. Comment: Lets see if all this investments in EV battery tech works out…I still hold to […]
Read More →Notable Transactions Buy(s) THB 15.8mn N/a Sell(s) THB 23.8 mn N/a
Read More →AOT said its decision to lower minimum guarantee for King Power was above board and no shareholder approval is needed, while Finance Ministry, its major shareholder, has no objection if it is in line with SET and SEC regulation. Comment: Well at the end of the day its a 12 month delay/extension. ICN upbeats outlook […]
Read More →BBL has the lowest amount of debts among peers, qualified under Bank of Thailand’s moratorium, at 10-14% and Bt12.7b in LLP, but had already set aside Bt18b in 1H20, a large enough cushion, Tabloid. Comment: I’ve written for years, if BBL is considered the best bank in the sector, then the sector is in bad […]
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