AJA: signing MOU with National Telecom (NT) to develop smart city for tourist towns including Hua-Hin, Phuket & Pattaya.
B: top holder, Millcon Steel, cuts holding by 1.4188% to 8.6251% of total outstanding on Tuesday
BAY: sells Bt1.4b bad loans to BAM for Bt940m, 33% discount to combined face value.
Comment: BAM always OVERPAYS. The industry always waits for BAM to finish their spending and then they can swoop in and get the bad loans are more reasonable prices.
BGRIM: associate co., Univenture BGP, invest in 2 co-gen power plants total 360mw.
DOHOME: sees MTD-Oct SSSG +30% yoy, expects positive momentum continue from demand for home repairing post flood incident upcountry, tailwind from reopening, plans to add 5 stores next year.
Comment: These are just astounding figures, its interesting to see that players in this space in Thailand and the Philippines are doing well, whereas indo/malaysia/vn are quiet.
DPAINT: paint & coating manufacturer, Delta Paint, debut IPO 53.25m shares @ Bt 7.5 apiece, FNS, CIMB & Yuanta are joint lead mgrs.
ERW: reported disposal of assets including Renaissance Koh Samui resort & Ibis Samui Bophut hotel to Infinity Hospitality Holding for Bt 925m.
Comment: Add this to the list of plc’s selling assets
MBKET: 3Qnp at Bt 183m +167.21% yoy, brokerage fees +55.79% yoy thanks to higher average SET daily turnover @ Bt 92.91b vs Bt 56.13b 3Q20, fees from FA & U/W +224% yoy.
Comment: Just look at these figures, dividends from these players should look decent for year end figures.
OR: invests Bt 192m in 25% stake of Imsub Global Cuisine, operator of Kouen Sushi Bar, ink deal today.
SCC 3Qnp @ Bt 6.81b -30% yoy, missed Bt 9.7b consensus, asset impairment at cement plant in Myanmar, weak sales from lockdown bite earnings.
Comment: Bottom in for SCC?
SSP: cod-ed 48mw windfarm projects in Vietnam, will book immediate contribution from 80% stake holding from 4Q21.