AH’s firm on record high revenue target this year, from Bt28.3b yoy, on higher orders, contributions from JV, and newly acquired 60% stake in Avee, a Malaysian auto part maker affiliated of Proton Group. Comment: Despite the odd venture into India, this company has performed incredibly well relative to its peers in Thailand over the […]
Read More →BLA teams up commercial vehicle hire purchase lender, MICRO, to offer loan protection insurance, life & accident insurances for MICRO’s customers. HENG expects 2Q loan growth expand by 6-7% yoy from improved economic activities, tailwind from tourism and back to school season, seeks M&A to boost inorganic growth. Comment: That’s not good enough for a […]
Read More →BRI in talk jv landlord to develop SDH project, aims to boost ROE & ROA from cost saving on landbank, maintain full year launch plan 20 projects total Bt22.5b. Comment: Wow…that’s 2x market cap, they’re still somehow able to continue expanding…I’m not sure how many non-related land owners are willing to partner with a developer […]
Read More →BANPU in talk to buy 2 HELE coal fired pp (High Efficiency, Low Emmissions), capacity 800-1k mw, expects to conclude 1 deal in 2Q, mulls expand renewable portfolio to 5k mw by end of year from current 4,4264mw. BGRIM established subsidiary in Vietnam to expand solar rooftop business. HENG sees record high NP this year […]
Read More →Notable TransactionsBuy(s) THB 1.3 bn Sell(s) THB 1.5 bn
Read More →Notable Transactions Buy(s) THB 758 mn GULF – Gobble gobble gobble. A5 – A director bought 3.5% shares from…? JMART – Earnings season is over and the family and founder are back to buying. Sell(s) THB 528 mn CHAYO – Just under 2% of shares sold by the CEO. ALL – Family dumping to ? […]
Read More →7UP appointed former police commissioner, Somyot Poompanmoung, to be chair of the board, effective March 30. Comment: Oh happy corruption times, what share transfers, business transfer etc etc are we going to see here. HENG target 30% loan growth, Bt12b loanbook target by end of year from Bt9.2b FY21, will add 100 branches to expand […]
Read More →AAV: mulls introducing new regional routes to spur intra-Asean travel, in talk with ministers for possibility to add Jakarta- Hua-Hin route. Comment: Retail investors are more interested in the picture of the Bitkub fellow and Tony from AirAsia that floated around social media over the past few days. GTB: wins contract to supply fire tube […]
Read More →AMATA: in talk jv Korea Land & Housing Corp to develop Korean Smart City Zone in Chonburi province, plan to apply BOI to recover investment incentives, including an 8 year corporate income tax exemption. Comment: EEC hasn’t really gone anywhere due to delays and the usual government fumbling, and so IE’s are having to figure […]
Read More →Notable Transactions Buy(s) THB 6.2 bn JMART – He’s kept buying back shares. In the coming weeks we’re going to hear more about the capital restructuring of the company. GRAMMY – And another flailing old company that has decided to call themselves a “tech company” changes its listing status via a restructuring and boom. GLOCON […]
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