AWC: cod 383 guest rooms, 10 meeting rooms, 6.2k sq.m event space, Chiang Mai Marriot Hotel, Night Bazaar district, target MICE & leisure travelers. BR sees >10% revenue growth momentum into next year, on exports to EU, JP, Aus and Saudi. GEM Global Yield, a US Fund, target 19.9% stake in SABUY, worth Bt1,750m, after […]

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BCP: subsidiary, OKEA ASA, completed 3 O&G fields transfer from Norway O&G operator, Wintershall Dea, will realize revenue from November 1. Comment: Not sure on the pricing, but it’s going to be a great few years for O&G (main risk is if the american government allows o&g firms to start drilling again….) BH: cod-ed corneal […]

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AMATA sees industrial land sales momentum accelerates in 2H, renewable power, auto parts makers, food manufactures, chem, data center & logistic among top clients, expects more to come as EV parts suppliers hv to move along with EV producers to Asean. Comment: Even this dog is going to benefit from the unexpected amount of FDI […]

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Notable Transactions Note: It’ll be another week of no trades until earnings season is finished (15 Aug) Buy(s) THB 35.7 mn KKP – Thailand’s most respected(?) banker and the Chairman of the Excom buys shares. Sell(s) 11.9 mn N/a

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AMATA and WHA stand to benefit on relocations following fresh China-Taiwan tensions, while ASIAN, TU, TKN, and SNNP may benefit from food export bans, Tabloid. Comment: Well, everyone used to say that AMATA and WHA was going to benefit from the China tariff’s, that didn’t materalise. Why would this? And if there is going to […]

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AAV to start accepting digital currency for payment from next year, sees 100% recovery in domestic travels in 2Q22. Comment: I can just picture royal nationalists saying that is anti-monarchy‚Ķ now, I am curious to see how far these systems will go. Though for now expect for all the Thai companies accepting “digital currencies” to […]

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BIZ issue free warrant (BIZ-W1) to existing holders at 10:1 GLOCON: 67.55m new shares from warrant exercise (GLOCON-W4) 1:1 @ Bt0.5/share tradable tomorrow. Comment: They’ve just acquired a meatball producer for ~THB 500 mn KBANK & TTB may report today, Bt8.24b & Bt2.09b consensus.¬† Comment: Every bank has lower provisions, thank you BOT for allowing […]

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Notable Transactions Buy(s) THB 53 mn KKP – The buyer is regarded as one of the best thinkers/analysts in the country. And he’s chairman of the excom. Sell(s) THB 359 mn ILINK/ITEL – The founders sold a stake to a fund, commented on this already…

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ASIAN sees solid 4Q20 on exports, boosting FY20 to record high, exceeding Bt8.4b target. Comment: The amazing performance of their seafood & petfood businesses has stumped me. FN reports 100k download of FN online shopping app following debut on February 2, expects FY21 turnaround from larger network via Shopee, Lazada, FB, Line and mobile app, […]

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I’ve been travelling effectively every weekend either by car or plane since the airport opened up and its very obvious to see the economic destruction throughout all destinations excl perhaps Hua Hin and Khao Yai. Whilst I’ve thought that banks may be interesting at some point in the 3-6 months once provisions and write-offs are […]

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