Now we’re in the grey zone, it’s a while (by end of March) before FY2022 figures are properly out and companies talk about their outlook for FY23. The market will be moving on news (hello Iran). There are still two movies on one screen:1. Higher cost of capital, higher cost of living/business vs 2. Reopening, […]
Read More →ASW forms venture with Tokyo Tatemono to jointly develop Bt2.2b high-rise projects, Atmoz Oasis Onnut. Comment: I am impressed that they are still solvent… CHOW’s firm on Bt1.7b revenue target this year, on higher steel orders in 2H, with higher trading margin, to speed up solar rooftop installation to meet 70MW target by end of […]
Read More →AWC signs development and management contract with Marriott International to develop and management the Ritz Carlton BKK the Riverside. BA firms on Bt8b revenue target this year, sees solid recovery in tourism, mulls opening new routes. BEM to source for Bt120b, without resorting to capital increase, for investment in Orange Line, firms on >Bt2b profit […]
Read More →BAREIT: BA Airport Leasehold REIT, debut IPO 1.03b units at Bt 10 apiece, KBANK leads & KASSET trustee. BCP ramps up Oil & Gas EP investment in Norway via flagship venture OKEA drilling co (45.7% holding) as 1H22 OKEA revenue +148% yoy to Bt 10.2b boosted by geopolitical conflict, rising price and increasing global demand. […]
Read More →ADVANC agreed to pay JASIF Bt3b in advance for fiber-optic rental, to sweenten the deal for its acquisition. ASIAN: SEC approved IPO filing of its pet food unit, Asian Alliance Int’l (AAI), to sell up to 637.5m shares, TISCO leads. Comment: I look forward to seeing this IPO, Asian hit gold with the pet food […]
Read More →I’m going to the theatres for this, Top Gun 2 marks the reopening of the world! Tom Cruise is going to save us all!
Read More →ACE signed PPA with EGAT for 8 community PP with 50MW capacity, to spend 10 months on construction, ready to bid for 400MW in 2nd phase. Comment: Are you ready to see ACE win most of the 2nd phase? NBTC’s summoned ADVANC to meet today to explain the downing of its mobile and fixed internet […]
Read More →Financials & commodities. Still am utterly confused re PTTEP….local insti’s do something. A large cap that grew EPS by ~70%, expected EPS growth this year of ~30-40%, trailing PE of 12x, yield of 4%, in the words of J. Biden, “c’mon man” Though I do wonder if the property names will rerate from their “low […]
Read More →Just look at the bolded text – Thailand is a Chinese vassal state. Ministry mulls revision of EV import duties: The Finance Ministry is considering cutting import duties for electric vehicles to make them more affordable. Effort to facilitate greater affordability. The Finance Ministry is considering a revision of the import duty rates for electric […]
Read More →I’ve referred to Siam Commercial Bank as the Purple Chicken since 2013 when they requested and received from the Bank of Thailand the right to expand the single lender limit from 25% to 60% to assist CP Group in the financing for their acquisition of MAKRO. Source: https://www.bangkokpost.com/business/352709/bbl-ktb-agree-loans-for-cp-makro-deal A few weeks ago SCB decided to […]
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