BDMS forms 60:40 jv with COM7 to expand upscale drugstore, offer medicines, med equipment, health tech products, BDMS will get expertise in retail mgt while COM7 expand into new biz in healthcare. Comment: Great move by both parties, but be aware it takes scale and massive scale for this to payoff. 100 stores is nothing. […]

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Notable Transactions Buy(s) THB 6.2 bn BDMS – Just a switch between family members DPAINT – A director buys a block, ~5% of the shares. PROEN – A director buys a block, ~3% of the shares. THG – And he’s still buying! CKP – Not to be confused with the singer from the 70s, this […]

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BAM in talk several fin institution to joint establish distressed assets management co, sees upside from management fees, rev sharing. Comment: I have a random thoughts on this – but basically the banks HAVE SO MANY NPLS that several would effectively be at risk of bankruptcy and need to recap massive amounts of equity. This […]

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Notable Transactions Buy(s) 900 mn SABUY – Just have a look at each and every JV they are participating in. III – Lots going on here MINT – A switch between entities PLAT – Will this dog rise up again? MAKRO – Just taking part of the RO Sell(s) 2 bn GUNKUL/JMART – Adisak is […]

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Notable Transactions Buy(s) THB 456 mn JMART – Look at how much he’s bought back BANPU – Wonder if the founder/chairman realises that the recap was a silly idea, share price would be +50% higher by now… SPALI – Family still buying! MORE – Funny movements in this share price for a while… RAM – […]

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Notable Transactions Buy(s) THB 270 mn TQM – Family members buying big. Sell(s) THB 422 mn BDMS – And the founder is back to being a seller. PJW – One of the family members (Vice Chair) dumps 2% of total outstanding shares. SPA – The MD sells off some shares.

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AEONTS reported 3Q21 (end of November ,20) at Bt1.01b +1.9% yoy, beats Bt815m consensus, thanks to lower than expected credit cost & wider than expected NIM, revenue from bad debt recovery improved 19% yoy & revenue from overseas subsidiaries +18% yoy, NPL stands at 4.3% from 3.9% end of 2Q21. Comment: Look at these numbers […]

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ASIAN: expects windfall from new wave of Covid as social distancing, travel restrictions and curfew abroad trigger restocking of canned food, read-meal & pet food. Comment: It’s their pet food business that has been driving ASIAN for the past 1-2 years. Something I’ve missed out on. *smash head against the wall* BDMS: sees strong advance […]

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AOT: extends a credit term of payment to 12 month instead of 6-month for concessionaires & airlines affected by C19 at all 6 airports under supervision. Comment: And there’s news on changes in the duty free concession fee. BDMS: appointed Ms. Poramaporn Prasartttong-Osoth, M.D. as president effective September 1 and Chairperson of the executive committee, […]

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ACG moves from MAI to SET under auto sector, effective from July 1 onwards. BDMS has entered into an agreement with China-based Ping An Health Insurance to tap the lucrative Chinese medical tourist market, target Bt1-2b p.a. in revenue. BWG board approved listing of renewable pp subsidiary, Earth Tech Environment, on MAI, expects 2H turnaround […]

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