Market research on Thai Stocks in the SET Index
AAV rolls out flight promotion for Chinese travelers starting from CNY 199/trip, BKK (SIA)-Shanghai CNY 299, booking open till Oct 1, travel from Oct 1 to end of March 24, aiming to capitalize on China national day & CNY in February. Comment: Let’s see if the government let’s enough of them out of the country. […]
Read More →ASIMAR wins ship building contract from Royal Thai Navy valued at Bt885m. Comment: Gov contracts kicking off. AUCT expects vehicles traffic thru auction yard accelerates as financial institution keen to purge repossessed vehicles by end of year, collab with Bank of Agri (BAAC) to open used car auction to serve bank customers, sees opportunity to […]
Read More →BANPU sets 3 years capex plan at US$2b (Bt 70b) to expand renewable port, invest in energy tech, future mining (Nickel & Lithium) carbon capture, R&D 100% ammonia burn hydrogen-based powerplant. Comment: BANPU should continue to enjoy the amazing cash flow’s they’re getting from coal, it’s going to be stupidly higher for a number of […]
Read More →Notable Transactions Buy(s) – THB 27 mn Sell(s) – THB 16 mn
Read More →Week 18/09 – 22/09 acv.vn, bwe.vn, frt.vn, gas.vn, mwg.vn, nlg.vn, nvl.vn, pnj.vn, stb.vn, vhm.vn, vic.vn. CORPORATE NEWS: ACV VN: recorded, in 8M2023, PBT of VND6,534 bn, achieved 77% of the goal. BWE VN: recorded, in August, revenue of VND329 and PAT of VND66 bn. BWE recorded, in 8M223, revenue of VND2,321 bn (-8% YoY) and […]
Read More →ADVANC has awarded GULF a 16.5MW solar PPA contract for Bt532m under 10-25 year period terms for data, contact, switching centers, base stations and transmission node buildings. Comment: Well, this is becoming left pocket, right pocket. B.Grimm weighs stake sale in Thailand BANGKOK POST: LONDON – B.Grimm Group is considering selling a minority stake in […]
Read More →BEM reported August MRT ridership +5.3% mom (Blue line +9.94%, Purple line +6.8%), 1H-Sept avg daily traffic within 480k-500k while tollway traffic 1.2m-1.4m trips/d. Comment: Perhaps a late mover for the reopening? COCOCO sees rising orders from China will help it achieve 30% revenue growth target this year, new machine installed and ready for test […]
Read More →NBTC’s chairman said ADVANC’s takeover deal of 3BB will be concluded at meeting tomorrow, after lingering on for > a year, Tabloid. Comment: Let’s see if the change in government & friends + the latest spectrum acquisition has helped this deal quicken. IVL to acquire remaining 34% stake of Israel technical fiber producer, Avgol, for […]
Read More →AOT: Civil Aviation Authority (CAAT) affirms readiness of DMK airport to accommodate high season, handling capacity 57 flights/hr. able to cope with increased flight slots. Comment: The issue isn’t in TH, the issue is that China is isolating itself and making life difficult for citizens to easily fly overseas, and that incredible India doesn’t have […]
Read More →BH: anticipates rec high profit this year, sees int’l patients reached 65% of total rev above pre-Covid level, visa-free scheme for Chinese sets good tone for 4Q. Comment: Yes of course. ERW: completed acquisition of 3 budget hotels in JPN, comprising of 2 project in Iidabashi & Ueno Tokyo and 1 project in Kyoto, target […]
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