ADD: local fund, BBLAM, cuts holding by 1.4375% to 4.3536% of total outstanding on Jan 26. NBTC gave greenlight to ADVANC’s bid for 3BB and JASIF, pending appointment of independent consultant, before submitting for NBTC’s board approval in 1-3 months, Tabloid. Comment: Well that took them a while… BH sets double digit revenue growth this […]
Read More →BCP said no conclusion to report takeover of ESSO, while the latter offered no comment. Comment: ESSO has been a potential takeover target in the news for the past decade, I think this is the 5th time I’m seeing it. JMT sets Bt10b capex to add bad debts this year from current Bt300b under management, […]
Read More →APCS wins power station construction projects from Provincial Electricity Authority (PEA) total Bt148.96m. ATP30 anticipates lower 4Q expense after replaced current fleets with EV buses for 1st phase, sees demand for transport grows from industrial clients and tourism sector, allots Bt200m to invest in 30-40 E-bus, maintains 25% FY22 revenue growth target, 10% growth next […]
Read More →BJC mulls adding Covid medications via 146 branches of Pure Pharmacy and Siri Pharma nationwide after National Communicable Disease Committee allowed hospitals, clinics & drug stores can procure Covid medicines from September 1. Comment: Coming to you from the family whose insurance company screwed over their customers TH meat producer, Betagro, to raise Bt20b (US$554m) […]
Read More →AMR secured Bt214m underground wiring projects, boosting backlog to Bt2.1b, firm in Bt2b revenue target this year, after MOU with AJA into e-bike business, target 30 EV battery swap locations by end of year. AUCT sees recovery traffic at auction yard after Finco’s debt moratorium ended 1H22, hiked entry fee for passenger vehicles to Bt10k/unit […]
Read More →AOT: Israel carrier, El Al, requests Saudi Arabia authority to fly over its airspace to TH to reduce flight time to 8.5 hours from current 11 hours. CCET booked Bt13.1b sales in June, boosting 6M22 to Bt76.7b, +35% yoy, supported by continued demand for electronic devices. Comment: Oh, what slowdown? EGCO: Nam Theun 1 dam […]
Read More →Notable Transactions – Now that earnings season is over they are all back to buying/selling Buy(s) THB 680 mn JMART – Holy $hit. He and his son are still accumulating MEGA – Thats a rare massive purchase by one the GP group family SA – The fact that they are still solvent is impressive, but […]
Read More →LH reported acquisitions of the SpringHill Suites by Marriott in Anaheim CA, US, a 120 rooms on 2.07 acres land from DKN Hotels for US$ 31m (Bt 1.056b), the property is just 2 blocks away from Disney Land. Comment: On price/key basis that’s ridiculously good. MC seeks to expand MC outlet in PTT retail stations […]
Read More →BJC revamps food courts across BIG C branches to boost traffic, curb costs to boost margins, expand coverage to wholesale market, expects double digits growth HoH on improved SSSG. Comment: How far away are we from one of the big groups deciding to build their own city in Thailand? MEGA reaffirms 6-10% revenue growth target […]
Read More →Notable Transactions Buy(s) THB 71 mn N/a Sell(s) THB 1.16 bn ERW – A YUGE block, I suspect it’s to a family holding co. PSL – The CEO dumped 10% of his holdings or THB 200mn +, retirement in 2-3 years is expected. Question is, does this selling remove the support the share price has […]
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