πŸ“Š A5 Company Background

Asset Five Group Public Company Limited is a real estate developer focused on residential projects, including luxury condominiums, single-detached houses, and twin houses in prime Bangkok locations and other provinces. The company operates as a holding company investing in real estate and related businesses with a design philosophy centered on “Urbanized Living” and “The Fifth Dimension of Privacy Living.”

Market Cap (THB): 2.23B
Market Cap (USD): ~$71.9M (at ~THB 31/USD)
Current Price: THB 1.84 (26 February 2026)
52-Week Range: THB 1.51 – 2.60
P/E Ratio: 30.29x
P/BV: 1.29x
Dividend Yield: 5.43%
Avg Daily Value: THB 0.05M – 1.06M (Small-cap, approximate)
YTD Performance 2026: -0.5% (Start: THB 1.85 on 30 Dec 2025; End: THB 1.84 on 26 Feb 2026)
View full analysis β†’

A5 announced buyback, up to 50m shares (4.13% of paid-up) under Bt100m budget from May 8 till Nov 6, 2026.

Comment: That’s another one.

πŸ“Š BAFS Company Background

Bangkok Aviation Fuel Services Public Company Limited provides specialized aviation fuel storage and refueling services at major Thai airports, including Suvarnabhumi and Don Mueang. The group operates through three segments: Aviation (into-plane and hydrant networks), Utilities and Power (fuel pipeline transportation and solar power), and Business Solutions, maintaining critical infrastructure for the country’s aviation industry.

Market Cap (THB): 6.25B
Market Cap (USD): ~$201.6M (at ~THB 31/USD)
Current Price: THB 9.80 (26 February 2026)
52-Week Range: THB 6.70 – 10.90
P/E Ratio: 32.35x
P/BV: 1.17x
Dividend Yield: 3.06%
Avg Daily Value: THB 2.5M – 10.0M (Mid-cap, approximate)
YTD Performance 2026: +15.3% (Start: THB 8.50 on 30 Dec 2025; End: THB 9.80 on 26 Feb 2026)
View full analysis β†’

BAFS sees YTD jet refueling vol +4% yoy thanks to tourism growth and robust traffic during CNY, northern pipeline pj on track to cod 2H26.

Comment: And it’s going to keep growing.

πŸ“Š BEM Company Background

Bangkok Expressway and Metro Public Company Limited is a leading transportation infrastructure provider in Thailand. It operates major expressway systems in Bangkok and its vicinity, alongside the MRT Blue Line and Purple Line mass rapid transit systems. The company also generates revenue from commercial development, including retail space rentals and advertising within its transport networks.

Market Cap (THB): 90.95B
Market Cap (USD): ~$2.93B (at ~THB 31/USD)
Current Price: THB 5.95 (26 February 2026)
52-Week Range: THB 4.56 – 6.50
P/E Ratio: 23.49x
P/BV: 2.44x
Dividend Yield: 2.52%
Avg Daily Value: THB 250M – 350M (Large-cap, active)
YTD Performance 2026: +11.2% (Start: THB 5.35 on 30 Dec 2025; End: THB 5.95 on 26 Feb 2026)
View full analysis β†’

BEM ramps up civil engineering & system work for Orange line MRT, aims to cod 4Q27.

Comment: And they’ll keep going and going – one wonders if they will be strong

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