Market research on Thai Stocks in the SET Index
BTS-GULF-STEC-RATCH (BGSR) consortium wins Bt 40b O&M motorway contract for Bang Pa In-Nakhon Ratchasima & Bang Yai-Kanchanaburi routes. Comment: And boom! Interesting to see GULF join this consortium in addition to the relationships they have with PTT it looks like their fingers are in every pie ORI: to open 2 hotels under InterContinental Hotel Group […]
Read More →ECL expands commercial auto hire-purchase business, to capture demand from logistic segment, maintain Bt3.6b full year loan growth target, will wrap up M&A insurance broker before year end. Comment: I still find this to be a rather strange company in the way they operate multiple businesses under 1 roof. HUMAN to wrap up 3 JV […]
Read More →Notable Transactions Buy(s) THB 112mn MTC – A director makes a big buy here MINT – The COO of MINT makes a YUGE purchase, this is the first time in years that I’ve seen management (i.e. not the owner) make a purchase Sell(s) THB 80mn AUCT – Owner dumps THB 60 mn, probably in a […]
Read More →CENTEL firms on Bt28.188b 3 years capex, sees stronger 2H on seasonal F&B and Hotel business. Comment: CENTEL vs MINT take your pick for the next 3-5 years. COM7 upbeats 3Q earnings from larger stores network on BTS stations and contribution from revenue sharing via Kerry Express operating at COM7’s 20 outlets. Comment: Well that’s […]
Read More →RATCH in talks with 2 powerplants operations on M&A to offset revenue lost from retirement powerplants in Ratchburi during 2025-27. SCB, BBL and KTB followed KBANK’s lead in cutting lending rates by 25 bps, while keeping the MLR (prime rate) unchanged, responding to Bank of Thailand’s surprise rate cut last wk. Deposit rates were left […]
Read More →BANPU sees revenue contribution from 25.22MW Jixin powerplants in 3Q, firms on 4,300MW power capacity in 2025 Comment: Was 2Q their lowest profit in history? GOLD plans 13 new projects worth Bt13b in 4Q19, firms on Bt17b revenue target this year. PSH said the Greater BKK housing market fell by 13% in 1H19 after the […]
Read More →BAY: to buy 50% stake of SB Finance in Phil for Bt 1.1b, seeks growth outside CLMV. Comment: I actually find this to be a good move. I see a lot of upside in the Philippines of a properly run financial co ILINK to bid for 2 underwater cable projects worth Bt1.955b this month, firms […]
Read More →Notable Transactions Buy(s) THB 16.8 mn N/A Sell(s) THB 197 mn SKY – And they keep selling. NOBLE – So one of the new “partners” has decided to exit
Read More →IVL: to buy integrated oxides facilities and derivatives assets from Huntsman for US$ 2b, expects manufacturing capacity increase by 23% in higher-margin business. Comment: Cooooooooooooooookie munsterrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr. KKC: announce RO 300m shares to existing shareholders 4:1 at Bt 1 apiece, subscription period from September 16-20. TMB-Thanachart Bank may sign merger agreement today. Comment: I’m still curious […]
Read More →CPF expects fresh food and dairy sales pick up at CP Fresh Mart stores ahead Chinese hungry ghost fest on Aug 15, roll out promo campaigns to boost sales. GTB wins contracts to supply 11 steam boilers for Vietnam clients (Vinfast, CPV Food and Nestle VN) combined worth Bt100m. Comment: The place to be atm, […]
Read More →