JMT: parent co., JMART, says no plan to exit debt collection business, maintain top holder of the company (53.84%). Comment: Why is it when a market declines that short sellers get the blame etc etc. The ability of the market participants to create fairytales is always remarkable…love markets. I hope this never stops, it creates […]

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AUCT is expected to report big jump 2H driven by vehicle registration fees thru auction yard, revenue from vehicles transfer and acceleration of traffic from repossesses vehicles purge by financial institution by end of year, Tabloid. Comment: Just go through KKP’s MD&A and you’ll see that there are still a lot of cars to be […]

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ANAN’s Daddy Clearance Sale Oct 6-8 was a success with Bt1,131m presales, vs Bt500-1000m target, with all ready to be transferred in 4Q23. Comment: Massive discounts, and it’s not really a success as they’ll have to raise even more cash… CHG sees solid 4Q on rising patients from mid-east, CLMV, and social security quota (from […]

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Total Logistic (ETL), on SET instead of MAI to accommodate future growth. Comment: The market’s in a pumping mode. JMT said 1st two months of 3Q operations were on track, firms on 30% revenue growth target this year. Comment: There is zero issue for JMT to get NPLs, there are only 2 questions 1) Cost […]

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ACE to expand private PPA, sees growth there, to sign PPA for 18 alternative energy power plants by Oct, boosting capacity to 112.73MW. AMATA reaffirms 2,250 rai land sales target, entering high season, sees no impact from political impasse, as long as it’s peaceful. ITD with China Raiway jv won Bt9.34b railway construction contract in […]

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JMT, CHAYO and CHASE are expected to benefit from surged bad debts in 2H, SME, Hire-Purchase and mortgage are top non performing, Prachachart. Comment: CHASE shouldn’t be lumped into this they’re a rubbish firm compared to CHAYO and far lower than JMT. LPN launches Bt2.1b Earn Amata, a residential project, which offers 5-6% avg yield. […]

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BCPG acquires 25% stake in Hamilton Holding to obtain indirect interest of 2 natural gas power plant (848mw & 857mw), transaction completed on Jul 12. CPN in collaboration with J.Front Retailing of Japan in joint R&D, connecting Thailand and Japan, unveils Bt135b capex 2023-27 in >200 projects. Comment: Continuing to cement their status as the […]

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AMA adds 40 tank trucks to accommodate rising demand for petrol, biodiesel & veg oil transport, keeps 1.4m tons full year transport volume, 12-15% full year revenue growth target. Comment: That’s a increase of 25% of their existing truck fleet. ARIP sees Bt3b circulate from organizing Commart fair Jul 6-9, upbeats 2H outlook from strong […]

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CKP sees 3Q turnaround from improved flow rate at Xyaburi & Nam Ngum hydro power plant on rainy season, mulls develop windfarm in Vietnam to capture demand for power. CPF bought back 4.22m shares @ Bt20.4-Bt20.5 on June 8, taking total to 123.74m or 1.44% of paid-up. The scheme ends June 18, for max 200m […]

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ADVANC said reported liquidity issue at 3BB wasn’t entirely unexpected, sees synergy from this acquisition, expected to complete by 2Q. Comment: “We didn’t expect to get screwed by Pete” <= idiots. BBL revised up full year card spending growth to 18% yoy from 15% previous guidance, after logged 17% growth 2M23, teams up ADVANC to […]

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