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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CGD: major holder, Tommy Taechaubol, cuts holding by 0.8952% to 4.7957% of total outstanding on Monday CPW in talk to buy mobile retailer, IBIZ Plus, expects to spend less than Bt1b on deal, plans to wrap up within Oct, firms on 20% revenue growth target. DREIT reports net loss Bt56m vs Bt26m np 2Q20, pays […]

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ACE and UAC are to submit bids for 10 and 6 community PP permits today. Comment: ACE > UAC (police connections help) AH sees capacity utilization above 80% 1Q21, expects positive parts sales momentum carry thru 2H from improving auto market, eyes 10-15% revenue growth target. Comment: Then they are maxed out. BGRIM is in […]

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AOT expects 92 flights on reopening May 1, psx remains low at 3-4kpd, no plans to cut airport tax. LPN: SSO cut holding by 0.2383% to 4.9791% of total outstanding last Fri (Apr 24), SEC filing. MAKRO upbeats 2Q earnings following debut of mobile app to boost online sales, expects e-commerce continue to grow amid […]

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ANAN only able to sell Bt1.169b CD out of Bt4b offering in March 30-April 1, NOBLE sold only Bt480m from Bt1.5b CD offering in April 20-22. Comment: And this is even with the BOT backstopping things? AOT said cannot be part of THAI’s rescue plan, in breach of ICAO principle. Comment: But the rumour mill […]

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EA upbeats 1Q earnings from higher revenue recognition yoy from 664mw capacity, mulls to revise down full year revenue growth target from 30% as EV business and biodiesel are taking hit from virus, seeks M&A to boost capacity. Comment: EV business….sorry but with the issues surrounding the raw materials for this battery tech I don’t […]

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BAY’s card unit, Krungsri Consumer, mulls to cut card spending target after 1Q drops 12-13% yoy from shutdown. Comment: Two things….either 1) you will see an increase in loans/cash loans/credit cards because of people’s need for cash but this will be combined with weak payback or 2) No spending, further downside in consumer spending CHG […]

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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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So The BOT has relaxed its rules on the property sector for the Loan to Value (LTV). Now the details are as follows: Effective date 20th Jan 2020 First home/contract units < THB 10 mn – 100% + 10% of top-up loans Second home/contract – 10% (previously 20%) downpayment for those that have a first […]

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BCH expects recent change to SSO payment scheme to boost revenue by 7-10%, confident of keeping #1 spot for SSO patient scheme with 880K members. Comment: It was a major risk for a short time, but now with this settled, these government reliant hospitals DTAC CEO, Alexandra Reich, resigns, effective February 1, Telenor Myanmar chief, […]

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