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 […]

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BANPU upbeats 2H earnings from higher coal sales volume and selling price on improving econ activities, sees more upside to coal price from restocking ahead of winter. Comment: If was a pure coal play I would be in it. BBL: SSO raised holding by 0.0118% to 5.0097% of total outstanding last Friday, SEC filing. BJC […]

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ASP said there’s risk Thai credit rating may be cut, after Moody’s cut Laos’ from B3 to Caa2, a Junk Bond, after running a huge deficit. Comment: Well Laos’ issue is that they relied on Chinese financing and now have lost their assets to China, whereas Thailand is thankfully (so far) not been as stupid. […]

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AAV: expects AOT give nods on proposal to operate 24 daily domestic flights service from SIA to Chiang Mai, Phuket, Krabi, Suratthani, seeks to expand international flights from SIA to China, Vietnam, Myanmar & Cambodia before end of year. AMATA: announced RO 83m shares 12.8554217:1, PO price to announce before September 21, subscription October 9, […]

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AMA in talk 2 logistic partners to expand from Oil & Gas transports to industrial logistic, expects big jumps 3Q from larger average tanker size yoy from 13k tons/trip to 15ktpt, positive momentum from onshore logistic as PTG & AIE increase shipment of gasoline and B100 transport, will add 60-80 oil trucks in 2H after […]

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AAV to resume all 25 domestic routes by July, sold 41K seats in a single day on June 23 Comment: And today they’ve launched a pay one-time 2,999 for 6 months special deal. BAM mulls selling Bt25b CD, funding NPAs acquisition in 2H, sees lucrative opportunities in tourism segment. Comment: Would be amusing to see […]

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AWC, KTC, TOA are expected to be added to MSCI Global Standard to be announced May 12, tabloid. BA to resume domestic flights on May 15, starting with 2 flights to and from Samui daily. Comment: The samui monopoly (okok market leader) begins. BTS will increase trains frequency to avoid overcrowded on lockdown easing starts […]

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BAM may report Bt12b FY19 prft, +122% yoy and pay Bt1.3 dividend or 5% yield, and thrive in weak econ, Tabloid. Comment: If you think this should be trading similar to JMT then its worth 2x. But do realise that BAM’s business model is different.  D’s appointed by Carl Zeiss Meditec AG to be sole […]

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ANAN plans 4 condo pj worth Bt13b, hoping to boost presales during 4Q, after securing Bt15b during 9M19. Comment: Presale #’s aren’t driven this name anymore, no one seems to believe that the real estate players can deliver transfer. AP said 9M19 presales stood at Bt28.56b, or 70% of Bt41.8b FY19 t/g, to introduce 8 […]

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AU sees solid 2Q from positive SSSG and newly added 10 branches in the quarter, will debut franchise network in HK in 2H, expects better earnings from recognition of initial fee, royalty fee and ingredients order from company, eyes 15% revenue growth target. Comment: They knocked 1Q19 earnings out of the park! DTAC appears uninterested […]

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