Market research on Thai Stocks in the SET Index
BTS to cod 4 skytrain stations (Ratchayothin 24, Ratchayothin, Senanikhom, Kasetsart Uni) on Dec 4. IRPC sees recovery in 4Q from petrochemical, refinery and progress in US-China trade deal.Opening of bidding envelops for 45MW Srinakarin Dam floating solar projects is scheduled for today, SCC, GPSC, SPCG, GUNKUL, WHAUP, EPCO, IRPC, BGRIM and among those vying […]
Read More →Cabinet has approved to cap BTS toll rate at the maximum rate of 65 baht across skytrain line as well as transfer losses incurred by BMA of Bt64,000m to BTS. On the other hand, BTS will have rights to operate skytrain of additional 30 years after the current concession expires. With regards to BTSGIF, BTS […]
Read More →BLA rolls out new insurance prods to capture demand for tax saving ahead of yr end. CPALL sees strong 2H from +ve SSSG supported by govt spending stimulus, wider margins from ready meals & healthy drinks and rev from counter service pay & banking agent. Comment: And all this helicopter money is just putting tax […]
Read More →ADVANC’s ready for 5G auction with Bt62b available cashflows. Comment: It’s a yield play more than anything else AOT reports 141.87m passengers last fiscal year, +2% yoy, with international passenger growth of 4.4%, flights +2.41%. Comment: And look, there’s still growth, I think 4Q may be a bigger positive surprise than people expect in terms […]
Read More →Notable Transactions Buy(s) THB 193 mn CGD – Another massive transaction by a family member. Sell(s) THB 22.9mn N/A
Read More →AAV seeks to boost revenue from air cargo, digi travel and loyalty program to balance revenue mixed and utilize, will tighten up cost saving to boost margins. Comment: I wonder how long until Thai Airways recaps… HUMAN sees stronger 2H19, sets Bt50m capex for 2-3 JV in HR related venture by end of year. Comment: […]
Read More →BAY added 3 features, digital account opening, online travel insurance service and e-marketplace (promo campaign) to KMA mobile app to double vol of active users. Comment: And then once the banks have hooked us onto their apps will they begin to charge fees? EA denies chatter that Taxi Co-op had cancel order for 3,500 EV, […]
Read More →CKP sees big jump after COD Xayaburi hydro dam y’sday, 1,200MW. HMPRO sees strong demand for home improvement 4Q on seasonal, expects tailwind from govt cash handout and rebate scheme, will open 2 Megahome in 4Q, upbeat GPM aft revamped prod-mixed. Comment: They are hoping that 4Q will be a seasonal high, if not its […]
Read More →AMA mulls to add 30-40 oil trucks from current 161 vehicles to fill logistic demand for petrol, biodiesel and vegetable oil and liquid prods. Comment: Given that it has fallen so much I wonder if there is value here… Transport Ministry has suggested AOT to halve its landing and parking charges at all airports under […]
Read More →ACG sees recovery vehicle sales 4Q on seasonal, will amp up year end campaign to boost sales, plans to add 15 dealerships next year to expand sales and maintenance services. Comment: That doesn’t seem to be the case when look at the sales #s for the industry domestically/regionally/internationally AMATA reassures solid turnaround from strong IE […]
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