BE8 secured Bt100m contract from Thailand Post for software installation and consulting on digital transformation. Comment: Software is eating Thailand. CHO to complete transformation to tech company next year, sees turnaround next year, supported by EV taxi. Comment: Wait what? CRC is set to spend Bt4.5b to purchase the majority of shares of Porto Worldwide, […]

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AAV to start accepting digital currency for payment from next year, sees 100% recovery in domestic travels in 2Q22. Comment: I can just picture royal nationalists saying that is anti-monarchy… now, I am curious to see how far these systems will go. Though for now expect for all the Thai companies accepting “digital currencies” to […]

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BCH said Omicron can be easily spread, but is not as severe as Delta, while can be detected by PCR, firms on 104% revenue growth target next year. Comment: I find it incredible how everyone has become an expert on the R0 and impact of the Nu Variant (sorry Omicron) since last Friday. EA’s lithium […]

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ACE have CODed 9.9mw Klong Klung biomass PP, boosting capacity to 257.57mw, and adding Bt310m revenue p.a., to start realizing from 4Q21. BANPU-BPP CODs 20MW solarfarm in Japan, target 6,800mw capacity in 2025 NOBLE plans Bt47b worth of new projects next year, boosting backlog from current Bt10b, sets Bt16.5b revenue target for next year, plans […]

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AS mulls introducing 5-6 new games next year, sets 15-20% revenue growth target, while exploring expansions in Vietnam and Indonesia, firms on 15-20% revenue growth this year, with 30% growth in game mobile. Comment: Let’s see about this…. GUNKUL sets 20% revenue growth target next year to Bt10b, target winning 7-10% of Bt50b EPC works […]

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Nu, Xi, ok Omicron it is! The world is going through the entire Greek alphabet of variants and it looks like we will have the same playbook unleashed on the markets. What people seem to miss that if just 1-2 major countries do lock downs the supply chain (across effectively every industry) becomes materially impacted […]

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Notable Transactions Buy(s) THB 293 mn JMART – He keeps buying and buying TU – Head buys more, then again, if he really thought it had great upside he would’ve done what Adisak has been doing. TTA – And this fellow is still buying. Shipping is seasonal, 4Q-Jan is *almost* always weak, and look how […]

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Before a quick muse on 3Q21 #’s, let’s have a quick look at what I wrote for 2Q21…a quick recap: 2Q21 Just look at that YoY and even QoQ performance, not a surprise for the overall market. It’s the next 6-18 months that have me scratching my head for the overall market, certain sectors are […]

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Energy Regulatory Commission (ERC) hiked Ft rate by Bt 0.139 to Bt 3.78/kwh for electricity sell period of Jan-Apr 22 to incorporate with high gas px, BGRIM, GPSC, GULF, ROJNA are expected to benefit the most, tabloid. Unemployment rate hits 2.25%: Covid-19 measures bump up figures. The rate of unemployment jumped to 2.25% in the […]

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AOT: extends remedy package for concessionaires & airlines operating at 6 international airports for one more year till end of March 23. Comment: I both fully understand and fully don’t understand AOT’s price today. The bull – no competition + eventual recover, the bear – there are no tourists and they may only get to […]

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