KTC expresses interest in bidding for Citi’s consumer loan port. Comment: At the end of the day, I suspect that citi will be disappointed by the bid offers from the local incumbents as there should be overlapping in the customer base. PR9 accepts booking for Moderna vaccines, expected to arrive in July at the earliest, […]
Read More →AH inked deal MG to expand downstream to dealership biz, sees opportunities from PHEV & EV transition, eyes 20% revenue growth target. Comment: The shift to EV etc has zero impact on the business of companies such as AH, as they don’t manufacture engine parts… AUCT teams up BAM to host NPA auction on Jun […]
Read More →ADVANC upbeats 2H earnings from higher BB subscribers & eased px war, will launch budget 5G handset <Bt10k to expand segment coverage, accelerated data package upgrade to 5G. Comment: Imagine the second order effects from this. Allianz sees growth from insurance business in Asia post C19 as risk awareness grows. Comment: The listed play here […]
Read More →AGE sees upside to earnings after logged Bt121m in 1Q +193% yoy, reaffirms higher coal sales volume yoy on higher industrial activities, tailwind from logistic business boost earnings. Comment: Commodities, boom, they’re benefiting from the inventory gain. BCH kicks-off bookbuild on Moderna vaccine upcoming Wednesday, will finalize demand in 1 week, sees positive 2Q earnings […]
Read More →Wuflu, curry flu, churrascaria flu, spotted dick flu are all over the news in Thailand at the moment. Seeing the same policy mistakes made again and again just flummoxes my mind. But alas it makes it easy to repeat the same play book. All earnings are out by now, I’ll put a summary out later […]
Read More →Notable Transactions Buy(s) THB 99 mn TIDLOR – Even I’m curious as to how these players are able to maintain these valuations, but c’est la vie at the moment. And this fella still likes the shares at the IPO price. TCAP – The Chairman buys THB 30mn+ Sell(s) THB 329 mn THG – A massive […]
Read More →During the first lockdown in Bangkok, after the initial recovery in the markets, and several hours of sitting alone in an office building, I had an epiphany, why not make a book? I’m an average writer at best and then realised I had over a decade’s worth of interviews somewhere on the internet, old computers […]
Read More →Phuket to reopen as planned: The government still intends to press ahead with its plan to reopen Phuket to foreign tourists on July 1, despite battling another surge of Covid-19 infections. Bangkok Post New aid measures to bump spending: Government expects six new schemes to help generate B400bn. The government’s new relief packages are expected […]
Read More →AI signs substation projects for Provincial Electricity Authority worth Bt 348m. COM7 raised FY21 revenue growth target to 20% from 10% earlier, after reporting 97% yoy growth in 1Q21, keeps plan to have 1,000 branches by end of year. Comment: Just astounding figures. MTC mulls raising loan growth target this year from 20-25% earlier projection, […]
Read More →ADVANC firms on plan to expand 5G coverage, sees mass data package upgrade for surging demand for distance learning and WFH, add bundle pkg 5G, BB and wifi to draw more subscribers. GLOBAL upbeats 2Q earnings from higher sales yoy, wider margins on building mat thanks to higher steel price and tailwind from online sales, […]
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