AQ files lawsuit against KTB and its board, seeking Bt3.9b for breaching compensation payment terms. BANPU to cod additional 2 powerplants projects combined 71mw before end of year. CK wins contract to build integrated medical and public health center building for Thai Red Cross Society worth Bt2.16b.COM7 sees 4Q earnings from newly launched Apple products, […]
Read More →AOT wants airlines at BKK’s Don Mueang International Airport to switch to wide-body aircraft in a bid to ease congestion at the LLC hub, expects Cabinet approval for Bt38-40b Don Mueang 3rd phase expansion to cater for 60m, as it would reach peak capacity by 2020. Comment: In 5 years, I’ll bet that Chinese tourists […]
Read More →AMATA m/t 380 acres land sales t/g aft sold 120 acres 1H19, 70% of Bt3.75b backlog to transfer in 2H, in talk to sell IE land sales to CN and JPN clients combined 400 acres, allots Bt4b to add land bank. Comment: I’m just waiting to see this actually happen… BANPU announced stock buy back […]
Read More →BTS-GULF-STEC-RATCH (BGSR) consortium wins Bt 40b O&M motorway contract for Bang Pa In-Nakhon Ratchasima & Bang Yai-Kanchanaburi routes. Comment: And boom! Interesting to see GULF join this consortium in addition to the relationships they have with PTT it looks like their fingers are in every pie ORI: to open 2 hotels under InterContinental Hotel Group […]
Read More →CHOW: to cod 3 JPN solar project combined 21mw before end of-3Q, lift total to 80.92mw, t/g 500mw w/in 5 yrs. KKP: cut FY19 loan growth t/g to 5% from 8% from soft demand for auto HP; fees from CRC restructuring, TMB-TBANK amalgamation, Asset World & DoHome IPOs to provide cushion in 2H. Comment: The […]
Read More →New Energy minister, Sontirat Sontijirawong, to review 2018 PDP on 1st day in the office, following objection by the ombudsman that EGAT’s 2018 PDP allowed private power co, to shr role of producing electricity after which state’s contribution was cut to <50%, violating national security. GULF likely impact the most as its 100% private owned […]
Read More →Notable Transactions Buy(s) THB 162 mn GULF – The owner just decided to buy a massive amount of shares, perhaps to show confidence that regardless of the news about the government wanting to own 51% of the power generated in Thailand that GULF is still going to perform. Sell(s) THB 153mn BDMS – Family and […]
Read More →Notable Transactions Buy(s) THB 299mn GULF -The owner has come into the market saying “I’m don’t care what the ombudsman has to say, we’re gonna grow regardless!” NNCL – That’s an interesting move. This has been a quiet IE for a number of years MONO – Dodgy Pete is back in the game Sell(s) THB […]
Read More →The Trump vs Xi rhetoric has calmed down and therefore its all BUY BUY BUY
Read More →ARROW anticipates FY19 turnaround driven by recognition of Bt1b backlog from electrical conduit orders for infra and bldg. pj and lower SG&A, sees additional pj coming in the pipeline 2H. CHAYO in talk 4-5 financial institution to buy NPLs, t/g additional Bt2b loans in 2H from current Bt41b total loanbook, firms on 25% rev growth […]
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