AWC: sees YTD avg room rate about Bt 5k/room/night vs Bt 4.2k FY19, avg OCC double to 60% vs 30% during the peak of outbreak, APEC meeting in BKK bolster demand & reservations. Comment: All of my friends have been commenting that hotels in Thailand have become stupidly expensive, and why not? The competition is […]
Read More →I’m finally happy with PTTEP. It’s been 2 years and now it’s finally being recognised…took the market long enough…banks #s are out, and surprise surprise, growth!!!!!!!!!! (in their profits), this trend is continuing…tourism? Have you seen the latest stats, already at 1.3 mn for the month of September. Run rate is already back to where […]
Read More →*It’s earnings season….nothing major should happen until the 3rd week of Nov Notable Transactions Buy(s) THB 3 mn N/a Sell(s) THB 1.8 mn N/a
Read More →Week 24/10 – 28/10dgc.vn, msn.vn, pc1.vn, tcb.vn , vic.vn, vjc.vn, vhm.vn Company NewsDGC VN: announced its business plan for Q4 with total consolidated revenue of VND3,299 bn (-5% YoY), PAT of VND1,100 bn (-21% YoY). Comment: They’ve had a good run in the past 2 years purely due to the commodity price rises. Granted its […]
Read More →Bitter pill for True, DTAC: NBTC imposes harsh conditions on telecom merger, with lower margins likely. Despite providing tacit approval for the merger of True Corporation and Total Access Communication (DTAC), the National Broadcasting and Telecommunications Commission (NBTC) has prescribed harsh remedial measures that could mean lower margins for the new firm, according to people […]
Read More →AOT: sees no impact if Treasury department decides to scrap 50% land rent discount at 6 airports from next year as remedy package for duty free shop, tenants & airlines also coming to an end at eo-FY23, higher international arrivals, recovery aero & non-aero revenue > rescue package. MAKRO: launched mini mart platform, BuddyMart, aims […]
Read More →AOT: Treasury department mulls scrap 50% land rent discount at 6 airports next year as Covid situation eased. Comment: Tourism figures are still -50% of pre wuflu, but the share price is already near the 2019 peak. Well ok…granted I do still think TH will back to those high travel figures within the next 6-12 […]
Read More →ADVANC: mulls propose JAS to buys JASIF at lower than Bt 8.5/unit in exchange of keeping rental guarantee payment of fiber network by Tripple T Broadband, tabloid. Comment: Well that’s amusing. It’s just an IRR calculation atm. ASAP: expects windfall from an upcoming domestic travel stimulus, revamp fleets to accommodate car rent demand upcoming holiday […]
Read More →It’s earnings seasonnnnnnnnnnnnn, and look, the banks are doing great – it’s wonderful to watch them do the provision/NPL game. Now inflation….if the plc’s are able to increase revenues at the actual inflation rate whereas their labour costs are increasing at “official inflation rates” how much of an increase in margins are we going to […]
Read More →Week 17/10 – 21/10 Stock news (baf.vn, dig.vn, dhg.vn, drc.vn, fmc.vn, fpt.vn, hdc.vn, imp.vn, pdr.vn, plx.vn, ptb.vn, nt2.vn, ntc.vn, szc.vn, vos.vn, vpi.vn) Comment: A lot is company performance figures – note that 3Q21 has a low base due to the lockdowns (remember those) – thus I can’t comment on every name – too much to […]
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