Market research on Thai Stocks in the SET Index
AAV urges govt to roll out rescue package to save operation costs of airlines and tourism operators aside from tourism promo campaign as virus persist. Comment: Not sure why a private company should rely upon a government bailout… BCPG expects FY20-25 EBITDA growth above 75% driven by contribution of 2 power projects in Laos combined […]
Read More →CPF to set up shrimp farm in the U.S. to reduce logistic costs and tax barrier. FSMART to add 2,000 top-up machines and 4,000 vending machines this year, to start distribution biz and car title loans. Comment: Well there we go, more ways for low income earners to mortgage their future. LANNA buys RDF fuel […]
Read More →APCO target 70% revenue growth this year driven by sales of medical supplies on the back of Covid-19. Comment: TQM seems to be the name that the retail market has liked for this. BAY sees heavy debt load on GEN Z new grads age 21-24, stringent on consumer credits to curb NPLs Comment: I think […]
Read More →ADVANC launches commercial 5G on mobile phone, the 1st in Asean, offers 5G roaming in Switzerland and UAE. Upbeat outlook from strong data traffic as demand for work from home, allots Bt15b capex to expand network. Comment: I’m hearing the same questions today about 5G as I heard about 3G and 4G. “Whats the point […]
Read More →AOT to announce winner for Bt13b SIA’s 3rd runway projects and satellite terminal on March 9. AWC target 15% CAGR over next 5 years, sets 5 year capex at Bt30b to expand hospitality and commercial projects. BANPU sees profitable this year from -Bt553m loss in 2019, expecting turnaround in coal, utility and gas business. Comment: […]
Read More →Note: I think we are going to see a lot of management buying now that FY #’s are out and the blackout period for buying is over. Notable Transactions Buy(s) THB 221 mn QTC – Management buys a fairly large amount of shares here. PCSGH – The owner is back into buying mode. Sell(s) THB […]
Read More →AP maintained launch plan 37 residential projects worth Bt47.1b, eyes Bt40.5b revenue target, Bt51.9b backlog to realize till FY23. Comment: Well they are perhaps the most aggressive developer out there at the moment BCP’s confident of rebound in GRM in 2H, boosting this year EBITDA growth of 20%, plans 60 new retail stations from current […]
Read More →BDMS to spend Bt85.6b to buy BH’s shares at Bt125 each. Comment: Boom! Another one CPN mulls cutting rental rate for tenants at 8 malls from total 34 that were severely impact by the virus, scraps 8% FY20 revenue growth target. Comment: I wonder at what point do office buildings begin to reduce rates, there’s […]
Read More →ERW firms on plan to open 7 Hop Inn budget hotels in TH, will shut Marriot Courtyard BKK for refurbish from April 20 till September 21. Comment: It’s a ghost town in every hotel in Thailand atm FPT will book Bt943m revenue from FTREIT big-lot sold in 2Q. Comment: Still able to raise capital in […]
Read More →AOT & BDMS: Kuwait & UAE suspend flights to TH. Comment: This will hammer BDMS And BH BEM maintained 20% full year ridership growth target to 500kpd, supported by larger network from Blue line extension, mulls adding 20 trains to support growth, sees toll way traffic steady at 1.1m trips/day. Comment: Just as with BTS, […]
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