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 →BCP: SSO cuts holding by 0.0802% to 14.9595% of total outstanding on May 5. IVL sees positive growth momentum 2H21 from recovery global demand for PET, IOD & gasoline, expects full year PET spread remained high from healthy selling price due to low output from China, sets US$1b capex to revamp plants, recycling business and […]
Read More →AJ: local fund, BBLAM, bought big-lot 20m shares from management, sees growth potential from packaging business & upside from JV packaging unit with SCC in Vietnam. Comment: And that explains the big sale. BBLAM typically has done quite well with these type of positions. GULF to tender for INTUCH at Bt65 (last done Bt58.5) after […]
Read More →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 […]
Read More →BAM may report strong 3Q at Bt1.76b, +100% yoy, and may book Bt1b gains from asset sales in 4Q, Tabloid. Comment: Highly possible given that nothing really happened in 2Q20 BTS’s Bt8.6b green bond were 3.3X oversubscribed. Comment: Going down the ESG route. HMPRO sees less than 20% drop in profit this year, plans one […]
Read More →AEONTS: 2Q21np (end of Aug20) at Bt 966m +82.3% qoq, +2.6% yoy, beats Bt 836m consensus, pays interim Bt 1.85 dps, XD Oct 19. Comment: A surprise for the market, people are still paying the minimum requirements on the loans/cards. Will this lead to more excitement into SAWAD and MTC? What about 2021 when the […]
Read More →AAV add 4 domestic routes, SIA-CNX 5 daily flights, SIA-HKT 3 daily flights, 2 daily flights for SIA-KBV and SIA-URT starting from September 25. Comment: Flights I’ve been taking are constantly full (note AAV has been changing departure times quite regularly, likely to ensure a full flight & save costs) CNT sets up renewable earnings […]
Read More →BAM branches out from NPA auction to direct sales to capture real demand for assets, sees banks stretched term loans & restructuring debtors near terms, may add more assets in 4Q. BWG sold PP 319m shares at Bt0.51 apiece to 5 private investors, will not get subscription right of subsidiary IPO of ETC. Reminder: BWG: […]
Read More →ACAP defaulted interest payment for bondholders of ACAP20NA due yesterday, SEC filing, Comment: That’s another one down. ADVANC’s insisted no personal info from customers was leaked during a scheduled test earlier this month – only non-critical info was exposed online as reported by foreign media. Comment: Singapore get your act together…do they really want to […]
Read More →AOT said remedy packages offering to airlines will dent its revenue this year by 17%, in talks to reduce state prop charges and cutting other costs. Comment: Plus take into account the packages given to renters. Their earnings are gone for the year. CBG will add more functional drink on shelf after sales of Woody […]
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