BANPU’s board approved an amalgamation with BPP, with a new company to assume all assets, liabilities and obligations of both entities. The board also approved a registered capital increase via private placement, including shares issued to the CEO. Comment: Yummy CEO shares….c’mon hedgies & pe boys, we can raid this company, it’s mismanaged as hell. […]
Read More →📊 KTB Company Overview Krung Thai Bank Public Company Limited is Thailand’s largest state-owned regional bank, founded in 1966 and headquartered in Bangkok. The bank operates through three main segments—Retail Banking, Wholesale Banking, and Treasury and Investment—providing comprehensive commercial banking services including deposits, loans, credit cards, investment products, cash management, and digital banking solutions to […]
Read More →AQUA The SEC imposed civil penalties on a former AQUA board member for insider trading, ordering compensation and fines totaling THB 19.3m, along with a 14-month ban from serving as director or executive. Comment: The SEC is working hard these days… BBIK upbeats 4Q erngs frm rev recognition frm cloud migration, virtual banking and architecture […]
Read More →AOT, to keep watch for early Dec reports FY25 air travel revenue, +1.12% to Bt68.59b. Acting AoT President Paweena stated Bt33.05b from AERO, +Bt2.05b or +6.6%; after PSC +6.92% and total passenger +5.61% across 6 airports. Airport service fees +4.93%, in line with +7.56% in total flights. Recent developments of the new contract with King […]
Read More →AAV’s parent co, Capital A, considering joint invest w/ AOT to expand DMK phase 2 & 3 cover cargo, (Maintenance, Repair, Overhaul: MRO), propose govt to reduce excise tax on jet oil from current Bt4.726/ltr as well as fees for aeronautical & psx services. Comment: How is this not going to be amazingly bullish for […]
Read More →Retail bondholders of ACAP have petitioned the police and the SEC to expedite the recovery of unpaid debts that have remained unresolved for over five years, seeking to restore investor confidence in the market. Comment: Get ‘em boys, but you’re not getting anything b/c it was unsecured debt….know what you’re buying.. BANPU’s natural gas unit, […]
Read More →BAM expects NPL sales by financial institutions to reach Bt200bn this year (vs. Bt150bn in 2024). Plans to participate in ~Bt30bn bids, targeting ~Bt3bn in bad debts. Comment: Yes….but if BAM and JMT can only buy ~THB 50 bn together, there’s just far too much supply out there. KBANK: Invesco increased its stake by 0.1688% […]
Read More →ALT: board approved investment in 2 fiber optic pj including fiber ntwrk connecting BKK-EEC area and submarine cable pj in Satun province combined worth Bt1.594b, expects to gen approximately Bt150m-190m p.a. Comment: In theory this should be a decent business model – but given the structure of the industry, it doesn’t perform as it should. […]
Read More →MINT reaffirms solid 2Q from robust OCC & RevPar during Apr-May from hotels in EU +7% yoy, will ramp up re-payment in 2H to reduce interest exp, newly acquired GAGA Beverages will help solidify and complement existing food brand portfolio. Comment: At one point this name will be attractive to investors again…the only question is […]
Read More →CWT board approved plan for listing of renewable unit, Green Power 2 (GPT), on MAI, will sell IPO not exceed 31.81% of GPT’s paid-up. GUNKUL signed direct PPA with JPN partner, Murata Manufacturing (TH), will develop 7mw solar farm at 1st phase, target cod 1Q26. OR expects no material impact on retail business because there […]
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