CHOW’s board approves plan to sell 6 units in Japan, owning 9 solarfarm with 64.21MW capacity, for Bt4,114m, pending shareholder approval on Jan 27, 2021. KTB is not going to compensate those who failed to register for the 2nd-phase copayment scheme on Wednesday when DTAC’s OTP system crashed. Comment: It’s not KTB’s fault, the fault […]

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AH will turn profitable this year, supported by solid 4Q, expecting Bt5b sales, on par with 3Q, in-line with industry. AH upbeats FY21 earnings from recovery parts orders, will kick-off transfer of Bt1.5b EV parts order next year, eyes 10-15% revenue growth target, margins no less than 10%. Comment: EV isn’t a story for AH […]

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AMATA’s firm on 950 rais land sales and Bt2,157m backlog this year, of which 60% will be booked in 2H. Comment: And here’s a flying pig for you. AMATAV to sell ASCLT 1 and 2 worth Bt2,157m in 2H, sees yoy drop in rev this year from pandemic. Comment: Management has proven that without a […]

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Right of first refusal, or as I like to call it, freebie shares. Is this the beginning of a new trend where companies are going to be spinning off subsidiary/associate co’s and offering shares of the new IPO to existing shareholders of the existing listed co? The first one we saw post-lockdown was BWG (Better […]

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AMATA in talk JV partner to expand waste power business, aiming to capitalize on existing clients in industrial estates, lessen reliance on IE land sales revenue. BEAUTY extended sale promotion from 4-week to 6-week and offering discount of up to 70% from 50%, hoping to boost sales. Comment: This is such a good time to […]

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ACAP: on verge of trading suspension aft default Bt 1.88b CD, tabloid. Comment: Well lets see….SET is rather flexible with how they implement rulings…but w/o a doubt ACAP has defaulted and could do down the IFEC route unless they raise capital. ADVANC’s gearing up for 5G investment in the EEC and applying AIS’s ultra-fast mobile […]

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ADVANC’s granted 5G certified operator from GSMA, the 1st and sole operator in Thailand. BANPU sets $600m 5-year capex for gas and renewable energy. Comment: I question this investment strategy….maybe because I just want to find a pure coal player… BGC sees strong bottles order yesterday as demand for exports to US & India grow […]

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ANAN sees strong 4Q and momentum into next yr with 7 pjs ready to transfer and Bt37b backlog, of which Bt5-6b to transfer this yr. Comment: The share price is trading at 10x 9M19 earnings…so if 4Q19 is at the company suggests then it would be close to 5x, and then if they just maintain […]

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Cabinet has approved to cap BTS toll rate at the maximum rate of 65 baht across skytrain line as well as transfer losses incurred by BMA of Bt64,000m to BTS. On the other hand, BTS will have rights to operate skytrain of additional 30 years after the current concession expires. With regards to BTSGIF, BTS […]

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ANAN target 7 new projects worth Bt21.93b, 1 in 3Q and 6 in 4Q, maintaining Bt29b full year transfer, Bt19b to transfer last 4 months. Comment: It’s all back ended to the 4Q as it typically has always been for ANAN and the majority of property companies. So lets see how much damage there is […]

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