Market research on Thai Stocks in the SET Index
AOT board to endorse duty free and commercial area bidding results at Suvarnabhumi today and may reveal larger than expected fees by the winner. Comment: And boom, that shook the market up a fair bit today. Energy minister turn down NGV subsidies extension request from NGV local traders and fleet operators as motorists no longer […]
Read More →CPN plans to open at least 2 new shopping centres in Malaysia and VN as soon as possible after the successful opening here last week of its 1st Malaysian shopping centre, Central i-City, built at a cost of Bt8.5b. Comment: I am curious to see how they will perform in Hanoi, I have my doubts […]
Read More →BEM reaffirms solid 2Q from strong tollway traffic & MRT ridership, expects big jumps 2H following debut of Blue line extension (Hua Lamphong – Lak Song) from August. Comment: And BTS has the same story as well BEAUTY signs 6 Chinese agents to distribute skin care products in China, target revenue from abroad surging to […]
Read More →Notable Transactions Buy(s) THB 121 mn BDMS – Despite the family selling in the past, this director is buying more shares BEM – Boom the family buys shares Sell(s) THB 67 mn WP – That’s quite the sale by the acting CEO THG – A rare sale by the owner!
Read More →Expressway Authority of Thailand said contract to extend BEM’s concession by another 30 years is almost a done deal and can’t be revoked, responding to concerns the new Govt may have it reviewed. Comment: so it is still a done deal for BEM regardless of the rumours that Anutin may take it away from CK’s […]
Read More →AMA sees wider margins from marine transports as oil price dip, will add oil/chemical trucks to expand onshore revenue, firms on 15% revenue growth target. Comment: These shares have been in the news given the price movement this week ANAN expects big jump 2H supported by Bt34.9b backlog and completion of 6 condos projects worth […]
Read More →Asset World Corp (AWC), a property developer owned by Charoen Sirivadhanabhakdi’s TCC Group, looks set to acquire 12 hotels in Thailand to boost recurring income from properties, mulls listing on SET in 2H19 and become the largest IPO this year. Comment: They will have to list given the amount of leverage that has been used […]
Read More →AP’s 5M19 presales reaches Bt17.5b, mulls 1 new condo projects in June, sets Bt600m for 3 service innovations including home maintenance and security to improve customer satisfaction. DIF to buy Bt15.8b new assets from TRUE by August 19, boosting yield to >7% in 2021. GGC maintain shutdown methyl ester & fatty acid plants from June […]
Read More →Note: I’ve decided to add P/BV Ratios and Dividend Yield (12 months trailing) Notable Transactions Buy(s) THB 59.6 mn WP – The CEO buys a decent chunk of shares thereby increasing her stake to north of 10% Sell(s) THB 13.4 mn N/a
Read More →AOT to announce winner of auction of duty-free contracts for provincial airports at 10am. Comment: It’s going to be fun! BAY’s Krungsri consumer suspends nano finance lending, Taokaetanjai program, sees NPLs accelerates. BDMS teams up Viriya insurance to provide health protection for upscale clients, seeks to add more insurance clients in portfolio. Comment: The government […]
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