Market research on Thai Stocks in the SET Index
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, […]
Read More →DELTA sees COVID-19 weighing on 1Q20, yet firm on 5% revenue growth target this year, sets Bt$200m capex for M&A in India. Comment: We think its going to knock off -20% off the markets revenue (excl energy) GULF’s board approve par split from Bt5 to Bt1 to boost liquidity. Comment: Liquidity? The stock has plenty […]
Read More →Notable Transactions Buy(s) THB 41 mn BBL – The President/CEO for the first time visibly buys shares in his bank. Sell(s) THB 2.3 bn BJC – Are they selling in preparation of an RO for the Tesco acquisition?
Read More →ADVANC will switch on the country’s first 5G mobile network on the 2600-MHz band after making the 1st instalment payment today for the spectrum won at this week’s auction. Comment: Lets see if there are dividend cuts AOT: airlines voice out unfair treatments following announcement of remedy package for tenants at 6 airports as airlines […]
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