Market research on Thai Stocks in the SET Index
AOT: Philippines LCC, Cebu Pacific, will boost flights to BKK with a 3-weekly service from Manila to BKK (DMK) staring July. Comment: Does this indicate a demand for additional service sector employees? DOHOME: sees strong qtd 2Q from recovery demand for home improvement products, sets Bt1b capex to add 8 stores & revamp existing outlets. […]
Read More →Notable Transactions Buy(s) THB 32 mn Sell(s) THB 0.6mn
Read More →GULF: signed a 25-year PPA with Electricity Authority (EGAT) for the development of 59mw solar farms, scheduled cod in 2026. Comment: Is someone going to start asking the question “how is gulf going to fund all these projects given their balance sheet?” MTC: anticipate 2Q turnaround as credit demand accelerate ahead of school term start, […]
Read More →BGRIM: acquires 40% stake in 33.7mw UAE solar rooftop operator for $ 3.39m, 4.1mw cod-ed & 29.6mw target COD during FY24/25. Comment: Why? I understand it’s sunny over there but when the gov makes it rain then the roads are flooded… JR: awards EPC contract from TTCL valued at Bt120m. SPREME: IT Solutions provider, Supreme […]
Read More →ADVANC reports 1Q after closes, Bt7.22b consensus, on higher ARPU. BTG sets up Betagro Ventures a new corporate venture arm to incubate new food and agriculture tech ventures, expecting to spur innovation across its ecosystem. Comment: They’ve run out of ideas.. BGRIM sets up B.Grim Power Future Solution (BGPFS) to jointly invest in 80mw solar […]
Read More →BJC fell 3.69% on elevated volume, as tax may rise as much as 20%, forcing it to cut FY24 projection, Tabloid. DELTA reported Bt4.31b 1Q Net Profit, +19% yoy, on strong growth in sales revenue of power electronics and mobility business segments, but missed Bt4.58b consensus. RT sees brighter prospect in 2Q, on Bt8.52b backlog […]
Read More →Notable Transactions Buy(s) THB 20 mn Sell(s) THB 26 mn
Read More →BAY’s ready to cut MRR by 25bps to help vulnerable groups, sees limited impact if BOT to cut policy rate at next meeting, as it has balanced lending structure, and firms on 3-5% loan growth target this year. Comment: Awww that’s so sweet of the banks…they’re going to help.. GULF clarified that it has no […]
Read More →AOT reported 7 days passenger traffic via 6 airports under management during Songkran fest (Apr 11-17) +22.7% yoy to 2.49m travelers, aircrafts movement +15.3% yoy to 14,934 flights. Comment: And voila….2025 is going to be higher. And people still don’t believe it yet. ASW anticipates 2Q turnaround from completion of 4 condos total Bt6.6b, tailwind […]
Read More →BLC’s unit, Bangkok Drug, wins license from Japan partner, Nichi-Iko Pharmaceutical, to solely distribute its generic pharmaceutical products in TH, expects sales jump from good products at affordable price. Comment: Should be worth our time to investigate. CK firms on plan to participate auction of 5 dual-rail projects total Bt128b this year. CPNREIT to raise […]
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