Notable Transactions Buy(s) – THB 267mn JMART/JMT – Slight mess up in the calculations (hence the high avg price), father & son bought 1 mn shares in JMART, father bought over THB 100 mn in JMT LALIN – Co-Chairman buys a decent chunk. Sell(s) THB 129 mn FSMART – This board member sells 2 of […]
Read More →BAM anticipates 2 year high earnings from lower provision, will wrap up NPA land sales to SENA in 2H, mulls establish distressed assets management venture with finance to boost revenue. Comment: Well I think that we can all guess that BAM and KTB should/will partner. BAY’s card unit, Krungsri Consumer, reported Bt153b card spending during […]
Read More →BDMS, who owns 95.76% in SVH, will tender for the remaining 4.24% at Bt480/share and will delist SVH from SET. BEM to hold rate for Blue Line at Bt17-42 until end of year, then raise to Bt17-43, sees no impact. Comment: I have often commented that the MRT in Singapore is cheaper than the subway/skytrains […]
Read More →AOT reported Vietjet resumes Phuket-Ho Chi Minh route of 4 flights/week. CPL said solid tannery business 5M22 had boosted capacity utilization to almost 100%, launched new biz line, Bio-TAN, to cater for environmentally conscious customers both here and overseas. Comment: When I see things like this, I genuinely hope that the companies care about the […]
Read More →AOT: Lufthansa & Qatar mull amp up flights to TH after CCSA scraps RT-PCR & Thailand Pass from May. Comment: Thailand has to get rid of this Thailand pass, the stupid testing protocols after arrival etc etc, but that’s just me screaming at the wall. BCH sees strong Covid services rev in 2Q from higher […]
Read More →BAM in talk several fin institution to joint establish distressed assets management co, sees upside from management fees, rev sharing. Comment: I have a random thoughts on this – but basically the banks HAVE SO MANY NPLS that several would effectively be at risk of bankruptcy and need to recap massive amounts of equity. This […]
Read More →Notable Transactions Buy(s) THB 191 mn RJH – That’s a large purchase by the independent director JMT – They’re in for an amazing few years….all this bad debt floating around…remember the only npl’s being sold now are pre wuflu. JMART – And he’s still buying Sell(s) THB 322 mn VPO – A sale to a […]
Read More →ACG to open Fast-Fit auto maintained garage in BKK at end of November, plans to add 12 branches next year tally total to 18, sees benefits from low capex requirement, fast turnover, healthy margins. AOT targets 483k flights, 62.13m passengers arrival for FY22, sees upside potential on aircrafts movement as China will host Asian games […]
Read More →AOT maintenance 3.7km west runway of DMK airport for 270 days from Oct 27, 21 till Jul 23, 22, sees no traffic congestion, flights density are manageable. CHAYO in talk to buy bad debts from 5 fin institution total Bt10b, expecting to secure Bt6-8b before end of year. Comment: Because BAM is done, everyone else […]
Read More →AIE reaffirms solid turnaround 3Q from recovery biodiesel sales volume on easing travel restriction, expects positive momentum 4Q from demand for fuels on holiday season, improved vegetable oil sales vol on reopen of F&B, higher export volume of raw glycerine to India & China for food, pharma, cosmetic production. Comment: Am curious to see how […]
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