Stocks in the news (major, thai, tisco, true) 08.07.26
MAJOR.BK – Major Cineplex Group PCL
Leading cinema and entertainment operator in Thailand with cinemas, bowling, karaoke, and retail space businesses.
| Market Cap (THB) | 4.57B |
| Market Cap (USD) | 137.24M |
| Current Price | 6.70 THB |
| 52-Week Range | 6.25 – 9.45 THB |
| P/E (TTM) | 7.4 |
| P/BV | 1.5 |
| Dividend Yield | 3.6% |
| Avg Daily Value | ~30M THB |
MAJOR reports unusual 9.99% shareholding disclosure under SEC review: MAJOR said it received a securities holding report indicating that an individual claimed a 9.99% voting stake in the company. The filing included ordinary and preferred shares, although MAJOR noted that it has no outstanding preferred shares and that the individual is not a director, executive or employee of the company. MAJOR has informed the SEC, which is reviewing the information and seeking further clarification from the filer.
Comment This is becoming very very very amusing to watch.
THAI.BK – Thai Airways International PCL
National flag carrier providing domestic and international passenger and cargo air transportation services.
| Market Cap (THB) | 175.5B |
| Market Cap (USD) | 5.27B |
| Current Price | 6.00 THB |
| 52-Week Range | 5.25 – 19.40 THB |
| P/E (TTM) | 5.6 |
| P/BV | 1.8 |
| Dividend Yield | 3.4% |
| Avg Daily Value | ~150M THB |
THAI expects stronger 2H26 passenger demand: Thai Airways International expects its 2H26 cabin factor to recover to around 70%, supported by easing geopolitical tensions and lower oil prices. Improving travel demand and lower fuel costs could provide support to the airline’s operating outlook.
Comment: Jet fuel prices are ½ from the iran peak… so they should look decent going forward.
TISCO.BK – TISCO Financial Group PCL
Leading financial services group offering banking, securities, and asset management services with focus on retail and SME lending.
| Market Cap (THB) | 97.7B |
| Market Cap (USD) | 2.93B |
| Current Price | 122.00 THB |
| 52-Week Range | 97.25 – 123.00 THB |
| P/E (TTM) | 14.5 |
| P/BV | 2.16 |
| Dividend Yield | 6.4% |
| Avg Daily Value | ~150M THB |
TISCO highlights the challenging 2H26 investment environment: TISCO Financial expects investment conditions in 2H26 to remain challenging amid tight global monetary policy, persistent inflation concerns and market volatility, recommending investors focus on diversification and quality assets.
Comment: But they’ll benefit as well from the steepening yield curve…
TRUE.BK – True Corporation PCL
Major telecommunications and digital services provider offering mobile, broadband, and media services across Thailand.
| Market Cap (THB) | 450B |
| Market Cap (USD) | 13.51B |
| Current Price | 13.00 THB |
| 52-Week Range | 10.10 – 15.00 THB |
| P/E (TTM) | 31.5 |
| P/BV | 5.3 |
| Dividend Yield | 3.5% |
| Avg Daily Value | ~1.5B THB |
TRUE: False major shareholder filing raises questions over SEC disclosure process. An individual named Supaporn Phimpong filed a Form 246-2 with the SEC claiming an acquisition of more than a 7% stake in TRUE, implying holdings worth nearly THB30bn. TRUE subsequently stated that its review found no evidence of such a transaction and noted inconsistencies in the filing, including references to preferred shares that had already been cancelled.
Comment: See MAJOR
Performance Comparison
| Ticker | Mkt Cap (USD) | Price (THB) | P/E (TTM) | P/BV | Div Yield | YTD 2026 | Analysis |
|---|---|---|---|---|---|---|---|
| MAJOR.BK | 137M | 6.70 | 7.4 | 1.5 | 3.6% | ▼ -18.3% | View → |
| THAI.BK | 5.27B | 6.00 | 5.6 | 1.8 | 3.4% | ▼ -13.7% | View → |
| TISCO.BK | 2.93B | 122.00 | 14.5 | 2.16 | 6.4% | ▲ 10.4% | View → |
| TRUE.BK | 13.51B | 13.00 | 31.5 | 5.3 | 3.5% | ▲ 8.3% | View → |
If this has helped you, please consider donating and buy me a Somtum Waffle 🙏🧇