Market research on Thai Stocks in the SET Index
GULF teams up partner to develop 1k mw hydro powerplants in Laos, seeks to expand investment in Vietnam and OMAN, eyes 50% revenue growth from additional capacity this year from 4pp in Thai and 2 in Vietnam, firms on Bt33b revenue target. TMB’s entered into a non-binding MoU to consolidate with TBank thru an entire […]
Read More →AAV adds new route to tap Vietnam market, offers 5 destinations in 7 routes including Chiang Mai-Da Nang. COM7 upbeats 1Q mobile market from new launch of Huawei and Samsung phones, expects to book contribution from recently acquired Kingkong phone Bt300m/quarter, will add more house brand products and new gadgets brands to boost sales and […]
Read More →BGRIM BGRIM buys 124mw SPP1 cogen powerplants from GLOW for Bt3.3b, lifts total 3,266mw, will book immediate contribution from 2Q. Comment: Knowing the team at BGRIM, this will immediately be accretjve to their earnings and valuations. ERW ERW target 10-15% revenue growth, driven by higher OCC & RevPar yoy, 9 hotels on track to debut […]
Read More →Notable Transactions Buy(s) THB 2.4 mn N/A Sell(s) THB 57.9mn ITD – Perhaps one of the few people that didn’t enjoy the movie Black Panther, continues to sell his shares.
Read More →BCPG sets Bt8.6b investment budget to sustain growth ambitions. Comment: It looks like their acquisition spree has been slowing down. TKN sets 10-15% revenue growth target this year, to expand branches here and overseas and change distributors, and seek new partners in US and China. Comment: This has been an interesting stock (not company) to […]
Read More →Ready for some speculation on how these shares will perform? FTSE SET Large Cap Index – Add: HMPRO, GULF, EA, MINT, MAKRO, BEM, DIF FTSE SET Large Cap Index – Delete: None FTSE SET Mid Cap Index – Add: MTC, GPSC FTSE SET Mid Cap Index – Delete: None FTSE SET Small Cap Index – Add: […]
Read More →AOT AOT board yesterday gave the nod to a Bt42b plan to build a 2nd terminal at Suvarnabhumi airport, but it scrapped a controversial blueprint for the terminal’s design. Comment: And so..now what?  BANPU BANPU anticipates 1Q turnaround driven by full quarter power gen capacity of BLCP powerplants following maintenance shutdown 4Q18. KOOL KOOL anticipates meaningful turnaround […]
Read More →ADVANC ADVANC to trade Bt3.30 XD on Wed 20Government says it needs time to consider whether delaying bidding on 5G Comment: It would be ridiculous if the government approves a postponement of payment for the 4G license bidding. Except for TRUE (which is a financial basket case), DTAC and ADVANC make plenty of CF. AOT […]
Read More →I’ve been writing notes on this for weeks and with the constant changes..its been amusing. And so before anything else changes here are my random thoughts for Thai politics. And so Thailand has elections, joy to the world! When? 17th March 2019 (early voting for non residents in provinces) and 24th March 2019 Which fortune […]
Read More →Notable Transactions Buy(s) THB 1.5 mn N/A Sell(s) THB 768 mn ADAM – Probably a backdoor listing on the cards Comment: One main reason you’ll see less management/director share movements is because its Full year reporting season and therefore until it is completed this will be quiet
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