AMATAV sees better 2H on plan to transfer 300 rai of land in Halong IE Vietnam, while keeping 430 rai land sales target this year. Comment: Their efforts in Vietnam have been rubbish compared to the other players (domestic and international) APCS firms on 40% FY21 revenue growth target >Bt3b supported by strong demand for […]

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ADVANC maintained current approach to expand 5G network to increase market share to offset lower purchasing power from Covid, target 5G subscribers >2m by end of year from current 1m, stock trades XD on Monday (Aug 16), Bt3.5. Comment: Assuming that True takes DTAC, the telco industry is going to rock and roll. BPP acquires […]

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AMANAH sees marginal impact from lockdown as majority of hire-purchase services are outside Bangkok & vicinity EKH expects ATH profit 3Q from higher average Covid test at 200-300 cases/day, 400 IPD beds & 200 from field hospital fully occupied, tailwind from Sinopharm jab service & 1 hospitel, sees upside from arrival of Moderna alternative vaccine […]

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APURE inked deal with Walmart to supply canned sweet corn, cream style corn, sweet corn in vacuum pack and canned baby corn thru its hypermarket in US & EU, target 30-40% CAGR over next 3 years, expects to get additional client on board in 4Q. Comment: That’s an incredible achievement. Thus the price wasn’t purely […]

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KBANK-R : buying of NVDR is allowed again from today after take-up rate fell to 22.81% yesterday, following a massive NVDR outflows past 2 days from MSCI deletion, but do not expect MSCI to add back on soon, as the headroom is small, unless the Central Bank allows NVDR room to increase to 30-35% as […]

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AOT’s Bt41b passenger terminal (north expansion) gets greenlight from Deputy PM yesterday, as well as Bt7.8b (east expansion), with constructions start Jan 23 and April 22 respectively. Comment: The valuation of AOT still makes no sense. But c’est la vie. CK secured Bt5b water transmission tunnel, to official sign Bt47b dual-tracked Denchai-Chiangrai contract, boosting FY21 […]

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Notable Transactions Buy(s) THB 714 mn JMART – We were surprised to see this massive buying back by the founder, but also quite happy about it too :p EA – A switch between personal and corporate holdings MPG – Looks like a back door is happening here. BEM – A director buys a share amount […]

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DCC to tender RCI at Bt3.9/share for delisting, MAY-KE is agent. Comment: Took them long enough, the son waited for the father to step down to get this done? FSMART announced partnership with SABUY, offers e-wallet top-up via its “Boonterm” machines, sees synergy from tech sharing & payment platform, will jointly expand digital payment network […]

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Notable Transactions Buy(s) THB 212 mn THG – And he keeps buying AJ – Switch between family members TFG – He buys no matter the price SABUY – A new IPO in November ’20, and the CEO is buying a buy of shares. SGP – Switch between family members Sell(s) THB 1.3 bn CHAYO – […]

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ADVANC target BB market shares growth no less than 20% next year from current 1.35m AIS Fiber subscribers, keen on improving customers experience to mitigate price war. ALT: branch out from turnkey 5G network installation to infra & state enterprise, expects to awards railway network projects from State Railway early next year. BR: local fund, […]

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