Stocks in the news (ADVANC, DELTA, MTC, SPVI, TU) 04.11.26
Company news
Advanced Info Service Public Company Limited (AIS) is Thailand’s leading mobile operator and a major digital services provider, offering mobile, fixed broadband (AIS 3BB Fibre3), enterprise solutions, device sales and digital financial services. The share closed at THB 340.00 on 3 November 2026. Market capitalisation is approximately THB 1,010 billion. YTD is positive versus the Dec 30 2025 close of THB 313.00.
| Market Cap (THB): 1,010B | Market Cap (USD): ~$29.9B (at ~THB 33.75/USD) |
| Current Price: THB 340.00 (as of 3 November 2026 close) | 52-Week Range: THB 298.00-410.00 |
| P/E Ratio: 18.9x (TTM) | P/BV: 10.9x |
| Dividend Yield: 5.1% (latest indicated) | Avg Daily Value: THB 1,980M |
Source: Yahoo Finance key-statistics (P/BV, yield, avg volume) cross-checked to SET quote; as of 3 Nov 2026 close. Avg daily value ≈ 3-month avg volume × last price.
ADVANC: Bt13.5b +12.2% yoy, topped Bt13.33b estimate, supported by resilient service revenue growth, lower D&A and robust growth from fixed broadband, 5G monetization to support earnings growth ahead.
Comment: Duopolies and cost-cutting are great for shareholders.
Delta Electronics (Thailand) Public Company Limited designs, manufactures and distributes power electronics, mobility, infrastructure and automation products, serving global markets from its Thai base as part of the Delta Group. The share closed at THB 192.00 on 3 November 2026. Market capitalisation is approximately THB 2,394 billion. YTD is positive versus the Dec 30 2025 close of THB 173.00.
| Market Cap (THB): 2,394B | Market Cap (USD): ~$70.9B (at ~THB 33.75/USD) |
| Current Price: THB 192.00 (as of 3 November 2026 close) | 52-Week Range: THB 155.50-372.00 |
| P/E Ratio: 79.3x (TTM) | P/BV: 22.4x |
| Dividend Yield: 0.3% (latest indicated) | Avg Daily Value: THB 4,250M |
Source: Yahoo Finance key-statistics (P/BV, yield, avg volume) cross-checked to SET quote; as of 3 Nov 2026 close. Avg daily value ≈ 3-month avg volume × last price.
DELTA: sees parent co., expansion into Malaysia helps diversify operational risk as the group grows while TH remains a key manufacturing hub serving global customers and supporting ongoing capacity expansion.
Comment: And now is the story fully baked into the share price?
Muangthai Capital Public Company Limited is a leading non-bank microfinance provider in Thailand, offering motorcycle title loans, personal loans and related credit products primarily to underserved retail customers through an extensive branch network. The share closed at THB 28.50 on 3 November 2026. Market capitalisation is approximately THB 60.4 billion. YTD is negative versus the Dec 30 2025 close of THB 31.50.
| Market Cap (THB): 60.4B | Market Cap (USD): ~$1.79B (at ~THB 33.75/USD) |
| Current Price: THB 28.50 (as of 3 November 2026 close) | 52-Week Range: THB 26.75-41.50 |
| P/E Ratio: 8.4x (TTM) | P/BV: 1.32x |
| Dividend Yield: 1.0% (latest indicated) | Avg Daily Value: THB 301M |
Source: Yahoo Finance key-statistics (P/BV, yield, avg volume) cross-checked to SET quote; as of 3 Nov 2026 close. Avg daily value ≈ 3-month avg volume × last price.
MTC: is expected to benefit from the government EV++ program, which allocates Bt6.8bn to subsidize e-bike by Bt17,000 per unit, targeting 400,000 EV bikes nationwide, in talk with EV manufacturers to expand its long-term lending customer base, while remaining confident in a strong fourth-quarter outlook that should support continued earnings growth into 2026.
Comment: The fear is rising rates next year.
S P V I Public Company Limited is a major authorised reseller of Apple products in Thailand, operating branded retail channels including iStudio by SPVi, iBeat by SPVi and related service centres, plus IT and educational solutions. The share closed at THB 3.30 on 3 November 2026. Market capitalisation is approximately THB 1.32 billion. YTD is strongly positive versus the Dec 30 2025 close of THB 2.16.
| Market Cap (THB): 1.32B | Market Cap (USD): ~$39M (at ~THB 33.75/USD) |
| Current Price: THB 3.30 (as of 3 November 2026 close) | 52-Week Range: THB 2.04-4.04 |
| P/E Ratio: 8.3x (TTM) | P/BV: 2.00x |
| Dividend Yield: 4.4% (latest indicated) | Avg Daily Value: THB 3M |
Source: Yahoo Finance key-statistics (P/BV, yield, avg volume) cross-checked to SET quote; as of 3 Nov 2026 close. Avg daily value ≈ 3-month avg volume × last price.
SPVI: Bt66.3m +113% yoy, thanks to wider GPM at 11.93% vs 9.95% yoy from improved products mixed, effective management of product costs. Topline flat +1.27% yoy, robust sales of new launched Mac, iPhone and non-Apple along with help from online sales able to offset adverse impact from closure of stores affected by the flood.
Comment: Apple fever continues unabated. I stopped being surprised by this a few years ago. And this is why consumer spending on domestic products is rubbish…everyone buys new iPhones…
Thai Union Group Public Company Limited is a global leader in seafood (tuna, shrimp and other marine products), operating through ambient, frozen, chilled, pet-care and value-added segments with major brands and extensive international distribution. The share closed at THB 13.10 on 3 November 2026. Market capitalisation is approximately THB 50.6 billion. YTD is modestly positive versus the Dec 30 2025 close of THB 12.80.
| Market Cap (THB): 50.6B | Market Cap (USD): ~$1.50B (at ~THB 33.75/USD) |
| Current Price: THB 13.10 (as of 3 November 2026 close) | 52-Week Range: THB 10.40-14.10 |
| P/E Ratio: 10.7x (TTM) | P/BV: 1.07x |
| Dividend Yield: 6.1% (latest indicated) | Avg Daily Value: THB 235M |
Source: Yahoo Finance key-statistics (P/BV, yield, avg volume) cross-checked to SET quote; as of 3 Nov 2026 close. Avg daily value ≈ 3-month avg volume × last price.
TU: maintains FY revenue growth target between 4-6% driven by peak-season demand in value-added seafood, boost from pet care and larger sales volume of premium canned tuna and mainstream seafood products, plans to refinance debt to trim financial costs by 3% to 5% by 2027, revised down FY capex to Bt4-Bt4.5b from Bt5-5.5b, refrain from investing in low-profit project.
Comment: Oh the share price is still at 2010 levels?
Others…
PTT’s capital reduction (238.66m treasury shares cancelled) registered Friday. TL rights went ex Friday (9 : 1 at ฿0.50). SMT’s ฿566m land-and-plant buy and TBN’s JurisTech MOU are still the open files from last week. TTB’s ฿14bn general-offer buyback (16–27 Nov, ~฿2.49–2.63) is still the open file from 22 Oct. BAM’s ฿4.5bn social bond is still the open file. AP’s net presales hit ฿41.5bn for Jan–Oct (85% of ฿49bn full-year target). Not a filing.
| Ticker | Mkt Cap (USD) | Price (THB) | P/E (TTM) | P/BV | Div Yield | YTD 2026 | Analysis |
|---|---|---|---|---|---|---|---|
| ADVANC.BK | ~$29.9B | 340.00 | 18.9x | 10.9x | 5.1% | ▲ +8.6% | View → |
| DELTA.BK | ~$70.9B | 192.00 | 79.3x | 22.4x | 0.3% | ▲ +11.0% | View → |
| MTC.BK | ~$1.79B | 28.50 | 8.4x | 1.32x | 1.0% | ▼ -9.5% | View → |
| SPVI.BK | ~$0.039B | 3.30 | 8.3x | 2.00x | 4.4% | ▲ +52.8% | View → |
| TU.BK | ~$1.50B | 13.10 | 10.7x | 1.07x | 6.1% | ▲ +2.3% | View → |
USD market caps use USD/THB 33.75. YTD calculated from 30 Dec 2025 closes. Metrics primarily Yahoo Finance key-statistics cross-checked to SET.
Corporate events
Ex today — BAREIT ฿0.20 (1 Jul–30 Sep, from net profit). MC ฿0.36 (1 Jul 2025–30 Jun 2026, from net profit). PCC ฿0.09 (1 Jan–30 Jun 2026, from net profit and retained earnings).
Pays today — CRM01, SEAGATE80.
Still open — BIS tender at ฿1.27 closed Monday. Payment tomorrow. Offerors are Phatcharee Nanthawatsiri, Sarawut Techasattaya and Rungnapa Tachasattaya. Not for delisting. MAJOR buyback window is open. STPI rights ran 29 Oct–4 Nov at ฿5.55 (last day today). SMT cash-balance ended Friday.
Tomorrow — LHHOTEL XR. Pays on CRM06, CRM80, JAPAN13, NDX01.
Market chatter
(not filings)
SET — Closed yesterday at 1,491.01, down 16.19 (−1.07%). Sixth straight decline. Electronics (DELTA) and energy led the sell-off. Brokers talking 1,480–1,510 today with a technical bounce possible. Foreigners still selling. Soft US tech prints and Hormuz colour still around. Not a filing.
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