Buy(s) THB 247 mn
- BANPU – I’m not quite sure what the value of BANPU is today, it constantly appears as one of top heavily traded stocks in Thailand despite the price barely moving
- SAWAD – Down some 50% from its peak, the owners are still accumulating
- SYNTEC – I’ve not seen a sale from this management/owners of this company for years. Price is also some 40% down from its peak. The difference with SYNTEC is they are becoming asset owners with their excess capital
Sell(s) THB 44 mn
- ITD – Black Panther killers, but they are still winning projects. Regardless just look at the b/s of this company, its incredibly weak.