Market research on Thai Stocks in the SET Index
BTG’s subsidiary, Betagro Food, acquires HK listed Eggriculture to gain exposure on fresh egg & egg products distribution in Spore. CIVIL signed construction contract for Huai Chalom reservoir project valued at Bt711.7m. COM7 changed the period for ending share repurchase program from original date of Jul 1 to Dec 31, revised to Jul 1 to […]
Read More →BEM sees positive profit momentum thru 3Q from continuous ridership growth on Blue line MRT supported by full quarter of the academic year & tourism, tollway traffic remain Comment: Printing $ BGRIM signed MOU with BKK Industrial Gas (BIG) to study feasibility to replace fossil fuels with green hydrogen for power plant, target net zero […]
Read More →BCH: Capital Research & Management Company, cuts holding by 0.2807% to 4.8117% on August 8. BGRIM: 3 renewable project on track to cod in 2H, in talks M&A 2-3 deals, aims to wrap up by end of year. Comment: And now their share price is pricing in……..nuthin’ GFPT: sets Bt 1.5b capex to expand poultry […]
Read More →OR: teams up ADVANC & KTB to apply for virtual banking license. Comment: Well..ok…so the PTT stations and Amazon coffee shops are going to be distribution channels for this virtual bank? QTC: maintain Bt1.5b FY24 revenue target after logged Bt554m in 1H, sees demand for transformer remain strong on renewable expansion.
Read More →Notable Transactions Buy(s) THB 23 mn Sell(s) THB 3.2 mn
Read More →Week 05/08 – 09/08 Company – acb.vn, dbc.vn, dgw.vn, frt.vn, mbs.vn, vhm.vn ACB VN: approved the second private bond issuance plan in 2024 with a maximum total scale of VND15,000 bn. Accordingly, ACB will issue a maximum of 150,000 bonds in 15 tranches with a face value of VND100 mn/bond. DBC VN: Pyn Elite Fund […]
Read More →BA reactivates codeshare agreement with British Airways for flights to Thailand & Cambodia, allows BA’s customers to book single ticket from LDN via BKK to 5 hotspots: Samui, Chiang Mai, Phuket, Phnom Penh, Siem Reap, LDN Gatwick to BKK will return on Oct 28, 3 times weekly to SIA and will increase to 5 weekly […]
Read More →ADVANC keeps 13-15% revenue growth target this year, 14-16% EBITDA, emphasizing on efficiency amid economic uncertainty. Comment: That’s not a disappointment…they’re going to destroy us (lowly consumers) BBL’s exploring virtual banking opportunities as it transitions to digital banking services in response to changing customer behavior. VGI, a unit of BTS Group, indicated its interest in […]
Read More →Week 29/07 – 02/08 Company: fpt.vn, frt.vn FPT VN: plans to spend more than VND1,460 bn to pay cash dividends in advance at the rate of 10% for the first phase of 2024 in Q42024. Comment: I wonder how long this tailwind lasts for…. FRT VN: announced to establish FPT Long Chau Investment Company Limited […]
Read More →ADVANC: 2Q net profit @ Bt8.57b, +19% yoy, topped Bt8.43b consensus, thanks to strong operation performance & positive contribution from TTTB consolidation, mobile subscribers reached 45.7m with net add of 644k driven, estimate FY24 capex excluding spectrum at Bt25-26b lower than previous years, benefiting from the acceleration of 700MHz 5G roll out prior year & […]
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