AMATA said will miss 950 rai land sale target this year, as 9-10 clients postponed land purchase due to covid. Comment: No surprises here. Though yes arguably AMATA is attractive on an NAV/share basis atm. AOT reported Bt4,320m FY20 NP, ending September 30, -83% yoy, in-line with Bt4,372m consensus. Its reported a core loss of […]

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Notable Transactions Buy(s) THB 35.9 bn BJC – Continuation of the family selling the shares from their names to their private holdco. Sell(s) THB 36.3 bn BJC – See above ANAN – A block sale to BTS – they are everywhere! CKP – A director dumps a fair amount of shares

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BJC: open new hypermarket branch, BIGC Mahachai 2, lift total to 151 outlets. BTS: kick-off trial run of North Green line extension (Wat Phra Sri Mahathat – Kukot) 7 stations, target cod in December. Comment: License to print money continues for this conglomerate. MBK: issues free warrants 67.79m units (MBK-W1) for existing holders at 25:1, […]

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BANPU upbeats 2H earnings from higher coal sales volume and selling price on improving econ activities, sees more upside to coal price from restocking ahead of winter. Comment: If was a pure coal play I would be in it. BBL: SSO raised holding by 0.0118% to 5.0097% of total outstanding last Friday, SEC filing. BJC […]

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BJC maintained 240 mini BigC stores opening target, will open 2 BigC hypermarket before end of year, seeks to expand food & pharma to capture demand for health conscious consumers, will revamp foodcourt and commercial areas to boost recurring income. CHAYO upbeats 2H earnings from debt collection service, call center & telesales business, in talk […]

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ARIP confirmed IT event schedule, Commart expo, on August 20-23, launches products showcase to accommodate new normal lifestyle.BJC revised up White Group (WG) tender price to Bt187.67/share from 185.44. Comment: Finally delisting WG? Given the free float is less than 7%….why not….although if I were BJC/WG I would look to use this vehicle to raise […]

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ACG allots Bt40m budget to branch out from dealer to auto maintenance services, sees demand grows as people choose to repair over replace, target 5 outlets by end of year. BJC sets Bt10b capex to add 3 BigC hypermarket branches in TH and 1 abroad, expand Pure Pharmacy, mini BigC and supermarket. Comment: So the […]

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BGRIM to sign JV with EGAT today to develop 45mw solar floating projects. Comment: Cookie munster #3 (1. IVL, 2. GULF)  BJC: Thai antitrust office sets up committee to evaluate impact of Tesco deal to mitigate risk of monopoly. Comment: I wonder which group pushed the government to set this up? CP? Central? It’s the […]

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AIMCG: name change to AIM Commercial Growth Leasehold Real Estate Investment Trust, ticker remain unchanged BJC: BigC hypermarket sees strong growth in home appliance sales on holiday season, eyes 2-3% sales growth yoy in 4Q. Comment: Markets and financial figures are telling a different story. The issue in the retail market is that they are […]

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