BEM: expects daily average MRT ridership jumps from 300k to 500k trips/day during TH Red Cross fair at Lumpini Park during Dec 8-18. Comment: And the fact that people are back in the offices even though the wuflu is still going around. CENTEL: sets Bt 6b capex for hotel, F&B and M&A. Comment: This is […]
Read More →Note: Earnings season overrrrr and transactions are back in size Notable Transactions Buy(s) THB 408 mn NCL – The MD just bought out the CEO, ~11% of total shares. BANPU – He bought the warrant and sold the company shares. JMART – And the founder is still buying, another THB 36 mn Sell(s) THB 406 […]
Read More →NCL reaffirms 50% FY22 revenue growth target driven by strong freight forwarding traffic and logistic services on improved exports, contribution from 25% investment in digital marketing & IT infra (CDN). NUSA’s 50% JV with CSR in hemp related business sees Bt5b revenue, supported by 1m ton orders from Japanese client, sees dividend income from stake […]
Read More →Notable Transactions Buy(s) THB 6.2 bn BDMS – Just a switch between family members DPAINT – A director buys a block, ~5% of the shares. PROEN – A director buys a block, ~3% of the shares. THG – And he’s still buying! CKP – Not to be confused with the singer from the 70s, this […]
Read More →Notable Transactions Buy(s) THB 1.2 bn BTS – The Chairman bought back a huge amount of shares post the BTS x JMART Group link up VGI – He bought YUGE amount of shares post the BTS x JMART Group Link up TU – The Chairman thinks his shares are cheap (?) I doubt management’s ability […]
Read More →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 […]
Read More →Notable Transactions Buy(s) THB 128 mn TMT – The CEO buys a chunk of shares. Sell(s) THB 174 mn NCL – The CEO sells ~7% of the shares.
Read More →BGRIM reassures sustainable earnings as 70% of total power generation capacity sells to authority, EGAT, only 130 corporate clients from total 1,500 companies in industrial estates Comment: These types of businesses should continue to be ok this year. EA sees no issue on Bt3b CD maturity this year, 1Q growth remained intact from higher contribution […]
Read More →BEM BEM reported 3Q18 earnings of Bt3.12bn, +231.8%YoY, mainly from asset write-off. 9M18 profit was Bt4.83bn, +104.4%YoY. Revenue from tolls was Bt2.56bn and revenue from power plant was Bt1.22bn. (Thun Hoon, 12/11/18) Comment: Big BOOM! BGRIM BGRIM reported 3Q18 earnings of Bt795mn, +40%YoY, driven by growth in commercial operations of its power plant. It will […]
Read More →ADVANC ADVANC is implementing new upgrades to its “superblock” bandwidth structure, aiming to reinvigorate the country’s largest mobile operator as it faced stagnant subscriber growth the past few years because of a saturated mobile market. It claims the new superblock will help boost service speeds by 30%, while accommodating up to 52 million customers. (Bangkok […]
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