Stocks in the news (aot, bh, cbg, ntf, scc, toa) 25.06.26
Operates Thailand’s major international airports including Suvarnabhumi and Don Mueang, providing airport management, ground handling, security, and related aviation services.
| Market Cap (THB) | 867.86 B THB | Market Cap (USD) | 26.30 B USD |
| Current Price | 60.75 THB | 52-Week Range | 29.50 – 61.00 THB |
| P/E (TTM) | 47.83 | P/BV | 6.69 |
| Dividend Yield | 1.33% | Avg Daily Value | 1,830 M THB |
→ 60.75 THB (24 Jun 2026)
AOT : Latest traffic data (1–20 Jun) showed international passenger traffic declining 2.9% y/y, marking the first contraction since January, while international flights fell 4.0% y/y. However, inbound tourist arrivals improved 20% w/w to 508k visitors, driven by China (+7.8% w/w), Taiwan (+18.2%), Europe (+6.6%), Middle East (+15.0%) and Malaysia (+0.4%). YTD arrivals stand at 15.4mn (-2.8% y/y). Domestic passengers declined 11.9% y/y, versus -8.9% in May.
Comment: I’m noticing more and more UAE visitors in the past few weeks in Bangkok.
Operates Bumrungrad International Hospital, a leading private healthcare provider in Bangkok offering comprehensive medical services to local and international patients across multiple specialties.
| Market Cap (THB) | 147.86 B THB | Market Cap (USD) | 4.48 B USD |
| Current Price | 186.00 THB | 52-Week Range | 134.00 – 214.00 THB |
| P/E (TTM) | 21.30 | P/BV | 4.75 |
| Dividend Yield | 2.71% | Avg Daily Value | 926 M THB |
→ 186.00 THB (24 Jun 2026)
BH: Through its subsidiary Bumrungrad Health Network, the company established Bumrungrad International Clinic Bangladesh, with BHN holding an 80% stake. Registered capital amounts to approximately THB127mn.
Comment: Longer term they’ll need to expand beyond the UAE patients.
Manufactures, markets and distributes energy drinks (Carabao brand), vitamin drinks, coffee products and packaging in Thailand and international markets. Also owns a professional football club.
| Market Cap (THB) | 44.75 B THB | Market Cap (USD) | 1.36 B USD |
| Current Price | 44.75 THB | 52-Week Range | 32.75 – 62.00 THB |
| P/E (TTM) | 20.16 | P/BV | 2.97 |
| Dividend Yield | 2.74% | Avg Daily Value | 190 M THB |
→ 44.75 THB (24 Jun 2026)
CBG: Management expects continued growth in 2H26, supported by double-digit growth in both energy drinks and spirits, alongside disciplined cost control. The company is expanding its UK sales network to support 3Q26 performance and expects its Afghanistan factory to commence operations in 1Q27, potentially doubling regional sales.
Comment: Oh, hello, is the share price waking up?
Distributes fresh and frozen fruits (durian, longan, coconut and others) both domestically in Thailand and for export to international markets. Listed on SET in December 2025.
| Market Cap (THB) | 3.20 B THB | Market Cap (USD) | 97 M USD |
| Current Price | 16.00 THB | 52-Week Range | 4.68 – 18.80 THB |
| P/E (TTM) | 10.00 | P/BV | 6.59 |
| Dividend Yield | 2.86% | Avg Daily Value | 45 M THB |
→ 16.00 THB (24 Jun 2026)
NTF: Management remains positive on durian exports, supported by resilient Chinese demand. The company targets THB5bn in sales this year and aims to grow revenue by 60% to THB8bn next year while maintaining a net profit margin of around 10%.
Comment: Value this as a durian play…ignore the rest of the business.
Thailand’s largest industrial conglomerate (SCG) with leading positions in cement & building materials, chemicals, packaging, and green solutions across ASEAN.
| Market Cap (THB) | 290.0 B THB | Market Cap (USD) | 8.79 B USD |
| Current Price | 242.00 THB | 52-Week Range | 163.00 – 253.00 THB |
| P/E (TTM) | 9.42 | P/BV | 0.83 |
| Dividend Yield | 2.04% | Avg Daily Value | 1,330 M THB |
→ 242.00 THB (24 Jun 2026)
SCC: Management cautioned that a prolonged Middle East conflict could increase global energy costs and disrupt raw material supply chains. Should instability persist through September, higher oil prices could translate into elevated operating costs across multiple industries.
Comment: Qatar just announced that they’re reopening LNG
Leading Thai manufacturer and distributor of decorative paints, industrial coatings, and related products with strong presence across Thailand and expanding ASEAN markets.
| Market Cap (THB) | 26.56 B THB | Market Cap (USD) | 0.81 B USD |
| Current Price | 13.70 THB | 52-Week Range | 10.20 – 16.40 THB |
| P/E (TTM) | 16.80 | P/BV | 2.15 |
| Dividend Yield | 2.55% | Avg Daily Value | 52 M THB |
→ 13.70 THB (24 Jun 2026)
TOA: Management expects operating conditions to improve in 2H26 as lower oil prices and reduced raw material costs begin flowing through earnings. TOA reiterated its commitment to maintaining its high-dividend profile, supported by its upcoming inclusion in the SETHD Index.
Comment: Voila, lower oil prices ftw, anti-oil plays will start working again … until China starts entering the oil market again.