ANAN reported disposal of 5 services apartments for Bt2.54b, expects positive transfer momentum carry thru 2H from Bt28b ready to move inventory, additional Bt11.9b scheduled to transfer next year. Comment: They still have their stake in DUSIT to dump who wants to go bid for it? BKIH: BBL cuts holding by 0.2066% to 9.9939% on […]
Read More →ALLY reaffirms 2Q turnaround from eased interest burden after re-payment, contribution from new asset on board, Happy Avenue, small sized community mall Donmuang district. CPF could see flagging sales at its China pork biz on China’s anti-dumping probe on imports from EU, with any gains probably minuscule. CPF’s livestock sales from China -36% yoy, account […]
Read More →AOT: Spanish LCC, Iberojet, will begin a weekly flight Madrid-Bangkok (SIA) as its first destination in Asia, start on May 30th, will increase twice-weekly flights in early Oct. Comment: And you doubt Thailand’s tourism renaissance. KBANK sees debt service ability of top 50 corporate clients remain strong, discontinued unsecured p-loan to prevent surge in bad […]
Read More →AOT’s price hike on Passenger Service Charges: PSC at 6 airports under management t effective today (Apr 1), international departure revised to Bt730 from Bt700 & domestic departure to Bt130 from Bt100. Comment: That’s a hefty jump in % terms for domestic. BA in talks 2 airline partners for codeshare agreement, expects to conclude in […]
Read More →HANA set up a 49:51 JV with PTT, to study a possible investment in smart electronics industry. JMART reaffirms solid 1Q driven by strong mobile sales supported by new launched Samsung AI S24 Ultra, higher contribution from subsidiaries (JMT & Tee Noi hot pot) to boost earnings. Comment: Market just has no love for JMART […]
Read More →AU: reaffirms rec high rev in 3Q supported by positive SSSG via dessert café, larger branches network yoy at 60 outlets vs 44 in 3Q22, sees margin improved aft revamp suppliers. Comment: Their outlets are all still completely full. HANA: seeks up to US$ 106m via overnight placement 65m shares offered at price range Bt […]
Read More →ADB target 20% FY22 revenue growth >Bt2b driven by bioplastic & med-grade plastic compounds for blood bag, syringe, med equipment & packaging, mulls 50% capacity upgrade to fill demand from overseas. Comment: Great headline but look through the figures of the company, not much happened until the past 2 years and it wasn’t GPM driven. […]
Read More →Notable Transactions Buy(s) THB 33 mn N/A Sell(s) THB 146 mn HANA – A Director dumps a fair amount of his shares. PIMO – The family sold ~9% of shares and then the stock doubled….
Read More →BANPU sees solid 2Q21 on rising coal price to >$100/ton, while cutting costs in coal mines in Australia and Indonesia. Comment: And AGE and LANNA have benefited as well. JUBILE keeps 10% revenue growth target this year, on solid 1Q which showed a 11% growth, with plans to expand branches and promo in 2H to […]
Read More →EPG’s confident of >Bt9b revenue this year, sees windfall from Biden’s latest infra spending plans. Comment: No, no, no. It’s a margin game for this company, half of it are auto’s (ok fine a recovery) but a “high oil price” is awful for their margins. HANA expects revenue this year to be close to 2019 […]
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