ADVANC target BB market shares growth no less than 20% next year from current 1.35m AIS Fiber subscribers, keen on improving customers experience to mitigate price war.

ALT: branch out from turnkey 5G network installation to infra & state enterprise, expects to awards railway network projects from State Railway early next year.

BR: local fund, BBLAM, cuts holding by 0.1095% to 9.9926% of total outstanding December 8, SEC filing.

Comment: But what if 1) The europe business picks up 2) MK Suki duck sales pick up and 3) duck prices go high into the Lunar New Year?

BTS begins free service of Gold line extension connecting Green line from Thonburi to Icon Siam & Khlongsan station (Taksin hospital & Ladya road) from today, expects rider ship jump with green line connection.

Comment: Ka-ching, license to print $$$$$$$$$$$$$$

EASTW signed water sales agreement with CBG to supply water for its drinks production plant in Chachengsao.

KEX (Kerry Express) sets IPO price at Bt28, top end of range. It offers 300 share IPO, hoping to raise Bt8.4b, listing is expected on December 24.

Comment: No one received their full allocation (unless they were friends and family of the group) It’s going to a merry merry xmas for those that received shares. But watch out in 2H21 when J&T and Flash start eating up their market share.

GULF inked deal a 22 years contract with Kabinburi Industrial Zone ltd (KIZ) to develop 17km 22 kv transmission line from its GNC powerplants to serve 35mw to 80 industrial customers with total demand of 70mw p.a., target cod 4Q21.

QTC: BIC (Cambodia) Bank purged entire holding 5.8635% in the company

THAI’s certified by WHO to transport Covid vaccine after passing inspection by SGS, resumes 2 domestic routes from SIA to Chiang Rai & Phuket every Friday, Saturday, Sunday effective Jan 1 till Feb 28, 21.

Comment: Two dodgy organisations working together for the betterment of Thai nationals. What we were curious about is within in Thailand, which firms get the storage, distribution contracts, names such as SCG & JWD (hence its move) have been whispered.

TPCH sets Bt2b revenue target next year, on 125MW new capacity to COD next year, mulls Bt2-2.5b bonds.

Comment: Hopefully no more delays, a few more plant project wins and you may see this name over 20 again.

U’s board approved plan to sell 39 assets worth Bt7b, of which Bt4b will be for debt repayment, the rest of working cap.

Comment: Ouch. But still a long way til a recap.

  1. peter satrapa-binder

    @KEX: where can i find some data regarding P/E, PBV, etc.? i have found such sometimes not easy to find for newly traded equities…

    • those ratios don’t exist publicly yet as it is a new ipo, unless brokers publish their research papers and state the market multiples on assumptions of the ipo price.

      or you go to the SEC’s website and have a look at the filing and calculate the PE PBV based upon the assumptions of the ipo price.

      • Thanks, Pon. Both my brokers (SCBS & MKE) have not published research, despite being co-leads. For KEX, you can do anything with projections. at this stage, FOMO will be the market driver. There’s a lot of cheap shares waiting to hit the market; 300MM I think that are not in lock down. well, the brokers will make money, coming and going (the where are all the yachts? rule). Is Smart Karma for real? read 1% part of their KEX valuation report. Anyone on here planning to day trade, on Dec. 22? what an odd date to come to market!!

    • Hi there Peter. I haven’t managed to find anything, for KEX. Have you had any success? I plan to day trade, today. The danger for me is, I’m a alpha/with minor compulsive tendencies. I plan to avoid trying to make decisions on what Pon calls FOLO. If I am not back on here at ‘Comments’ b/f 25th – Happy Christmas to all, esp. Pon.

      • peter satrapa-binder

        Don,

        Sorry no, and i didn’t yet come to do like Pon advised. I also wish you and allA Merry Christmas and A Happy New Year!:)

        Btw, who DOESN’t have sometimes minor compulsive tendencies when dealing in the markets?:)

      • peter satrapa-binder

        Don,

        Sorry no, and i didn’t yet come to do like Pon advised. I also wish you and allA Merry Christmas and A Happy New Year!:)

        Btw, who DOESN’T have sometimes minor compulsive tendencies when dealing in the markets?:)

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