Smaller names continue to lead – look at the MAI. In the past week, Indonesia banned coal exports citing lack of domestic supply, Thailand is banning pork exports citing high prices, and pundits think that this supply chain issue was resolved. It’s still a ways to go.
Read More →Notable Transactions Buy(s) THB 65 mn N/a Sell(s) THB 94 mn TOG – Share price has done magnificently well in line with earnings, now a family member sold W – “Guys’ there’s a company called Wow Factor, it must be amazing!”…”really..?”; a director sold off ~2%.
Read More →Army probes Democrat claims of poll meddling: Army chief Gen Narongphan Jitkaewthae has ordered a probe into a report of soldiers interfering in the Democrat Party’s preparations for a by-election in Chumphon, said army deputy spokeswoman Sirichan Ngathong. Bangkok Post Tackling household debt high on govt’s 2022 agenda: The government has set its sights on […]
Read More →AI mulls bidding for Bt2b electrical porcelain insulators this year, sees yoy growth despite some delays in new projects, due to covid. BR: local fund, BBLAM, cuts holding by 4.4617% to 3.0694% of total outstanding Wednesday (January 5). Comment: Think they’re reducing it too early, soft commodities still going to the moon. CRD signs MEP […]
Read More →CBG anticipates FY22 sales turnaround on improving domestic consumption, recovery CLMV & China sales, will launch CBD mixed drinks before eo-1Q, 2 functional drinks in April, firms on 20% revenue growth target. Comment: Sales turnaround? Revenue this year is ontrack to be equal to 2020 and higher than 2019. JMART sets 50% profit growth target […]
Read More →BCP paid Bt1.6b for 20 years right on 99kms oil transporting pipeline between BKK-Bangpa-in from BAFS’s unit. CSS reaffirms big jump this year from contribution of 25% holding in 99.216mw Phu Khanh Solar Power Joint stock co., (PKS) in VN, 38% holding in Namsor hydro power plants in Laos, aims to increase renewable portfolio to […]
Read More →BLA teams up SINGER’s insurance subsidiary, SG Broker, to launch payment insurance protection (PPI) & life insurance, offering to SINGER clients, sees benefits to both parties.Comment: And SINGER has the SG Capital IPO coming mid-year. CMO’s CEO, Sermkhun Kinawong, resigned effective Jan 1,22, appointed Kitisak Jampathipphong to be successor. COM7 sees ATH profit 4Q21 supported […]
Read More →And the holidays are over! The MAI was rocking and rolling in 2021, after being absolutely rubbish since 2017, it’s great to see some life back there again. The SET looks decent in THB terms, though in USD – rather paltry…now if you look purely at the PE, its “only” at 15x for the SET […]
Read More →Notable Transactions Buy(s) 900 mn SABUY – Just have a look at each and every JV they are participating in. III – Lots going on here MINT – A switch between entities PLAT – Will this dog rise up again? MAKRO – Just taking part of the RO Sell(s) 2 bn GUNKUL/JMART – Adisak is […]
Read More →A last random thoughts for the year… Note: This is a compilation of random thoughts jotted down over the past few months and finally, I have some downtime to compile them now. ~Interconnectedness~ We buy a mobile phone from a store, in a mall, which is rented by the shop owner from the landlord. The […]
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