Thai banks, specifically KBANK, reported rather decent earnings last week hence the straight up move throughout the day and making the month look decent so far. Has the narrative now changed with the banking sector? 3 months ago it was lost of fee income, shown rather obviously with SCB’s #’s, and that NPL’s are going […]
Read More →Notable Transactions Buy(s) THB 25 mn N/A Sell(s) THB 47.8 mn GLOBAL – A director sells a relatively small amount of shares
Read More →Howard Marks Memo I am still digesting my thoughts with his latest memo.  I do not know if I necessarily agree with each and every point that he makes I see computer decision making as a function of human decision making. Because it is programmed by humans based upon the rules instilled within a […]
Read More →Ministry of Commerce confident that FTA benefits will surpass target of US$6.5bn after already reaching US$2.8bn in five months. The Department of Foreign Trade is confident that the value of benefits under the Free Trade Agreement (FTA) and Generalized System of Preferences (GSP) in 2018 will grow at a rate not less than the growth […]
Read More →AH AH is confident earnings will be good and confirmed the soundness of its fundamentals after the share price fell significantly yesterday. New customers continue to flow in. It expects revenue growth of 3-5% this year. (Thun Hoon, 20/7/18) Comment: If you take out the funny interest that they are receiving from the new Indian […]
Read More →ADB ADB expects demand for plastic resin and adhesive sealant to increase in 2H18. it is developing innovative products to add a new “green product” line which is eco-friendly. It believes the new products will be preferred by customers and widen its gross margin. The company is also improving the formulation of products to shield […]
Read More →ACAP ACAPs share price has increased 31.66% over July 10-16. Management says that all is proceeding as planned, with a target of loan extensions of Bt5bn this year. It already loaned Bt3.8bn in 1H18 and expects 2H18 to be better than 1H18. It is preparing to list its subsidiary on mai. (Thun Hoon, 18/7/18) AKR […]
Read More →BKD BKD is waiting for a result of Bt500mn bidding project. Management expects 2H18 operations to grow and plans to bid for new projects with total value of Bt3-4bn. The company maintains its revenue growth target at 20% backed by booking 50% of its backlog (Bt2bn) (Thun Hoon, 17/7/18) DDD DDD targets its revenue to […]
Read More →BCP BCP to divest its indirect investment in Galoc oil field in the Philippines for Bt660mn and continue to expand its E&P investment in Norway with the expectation of concluding the deal by 4Q18. (Kao Hoon, 16/7/18) BGRIM BGRIM expects to start commercial operation of an additional 180 MW in 2H18. The company is working […]
Read More →Notable Transactions Buy(s) THB 150 mn WP – ~2.5% of shares purchased by a director POST – I don’t see the value in the Bangkok Post, other than as a method to control news flow… Sell(s) THB 11 mn N/A
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