Market research on Thai Stocks in the SET Index
ANAN reports sales from 4 newly launched projects topped Bt8.8b, lifts total above Bt24b full year target. Comment: And still consistently beats all expectations… BH signs agreement PRINC to operate Joint & Spine Centre of Prince Suvarnabhumi Hospital owned by PRINC. Comment: PRINC finally making more moves in the industry, and BH needs the additional […]
Read More →AOT to sign MOU with NBTC on November 27, offering 5G commercial services at Suvarnabhumi airport in May 20, the 1st in ASEAN. BGRIM’s Bt8b CD were fully subscribed, will use proceed to expand 3,000mw LNG powerplants in Vietnam. EPG sees strong 3Q-4Q (Oct 19-Mar 20) on seasonal, higher efficiency and lower petrochemical price, but […]
Read More →Notable Transactions It’s interesting to see that there are several owners/directors buying their shares post 3Q19 #’s Buy(s) THB 195 mn RS – Strange, he first sells at 13, and then buys back more at 12.84 ORI – The family is still buying shares. Sell(s) THB 54 mn RS – See above
Read More →BAFS: rpt 91% completion of 367km 2nd phase North pipeline pj frm Pichit to Lampang, t/g to run total 576km Ayutthaya-Lampang by 2Q20, eyes 7% jet fuel sales vol grwth nxt yr. Comment: This pipeline is going to reap major benefits from BAFS when completed… BEM: to cod 8 MRT stations (Taopoon-Thapra) on Dec, t/g […]
Read More →AOT: board approved plan to estimate 2nd terminal, nodded a 50% discount in landing fee for int’l charter flights at 6 airports under management for 5 months from Dec1,19-Apr30,20. Comment: Why? This doesn’t boost tourism numbers. If all airports do this isn’t it just a race to the bottom? BH: debut special clinic for Aortic […]
Read More →AKR upbeats 4Q earnings from recognition of turnkey solar projects worth Bt150m, additional Bt400m backlog pending to realize, firms on 15% revenue growth target, will wrap up JV 30mw Vietnam solar projects 1Q20 ANAN reports 90% booking of 1,424 units condo projects IDEO Charan 70 – Riverview, target 4 new projects worth Bt13b by end […]
Read More →AOT reports 60% completion of midfield satellite 1 under SIA development phase 2, target cod within November 20. ECF reports cod 50mw solar phase 1 in Minbu, Myanmar (Total 220mw) GULF secured Bt41b loan from 16 banks for 2,650MW powerplants in Rayong, CODed in 2023-4, reaffirms Bt33b revenue forecast this year and Bt36b next. Comment: […]
Read More →AOT target 7-8% revenue growth FY20, expects passenger arrival +5-6% yoy, seeks to boost revenue from cargo business and non-aero revenue to balance revenue mixed, expects to kick-off airport city projects next year. Comment: International passenger arrivals continue to rock and roll, its the domestic traveler #’s that are declining rapidly. The Government is focused […]
Read More →Notable Transactions Buy(s) THB 414 mn ACE – A director/family member buys a massive amount of shares ORI – Family member continues buying SNC – Ohhh the owner is back to buying shares! Sell(s) THB 16 mn N/A It appears that with 3Q19 earnings all released management are back to buying their shares.
Read More →AWC sets Bt55b 5-year capex for 13 projects, doubling number of rooms, signs management contract with Marriott International for 3 hotels in Pattaya and Phuket. Comment: Yay more hotels! Now how much of these projects will come from the parent to selling to the public co? BGRIM’s firm on Bt44b revenue this year, after booking […]
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