This is an odd situation for Thailand and the ASEAN region. On the bear side we have the increasing financial costs through rate hikes, (10 yr thai gov yield has gone from 2 to 3% this year), higher energy costs across the board, the lockdowns in parts of China and the US and the EU […]
Read More →Notable Transactions It’s been and will continue to be a quiet period for management transactions until all 1Q22 earnings are out. Buy(s) THB 80 mn THG – This director sees value after the pump and dump Sell(s) THB 10 mn N/a
Read More →Japan vows aid after PMs meet: B13bn package to bolster recovery. Prime Minister Prayut Chan-ocha and his Japanese counterpart Fumio Kishida met to bolster defence and economic cooperation and discuss the war in Ukraine yesterday. Bangkok Post BoT loan schemes hit B300bn over 2 years: Listed banks report stagnant growth. Loan extension under the Bank […]
Read More →PTTEP: reaffirms solid turnaround after hit by hedging loss in 1Q, sees higher average sales volume in 2Q at 467k boed vs 427k in 1Q, expects gas selling price peak in 4Q on renewal of gas purchase agreement in several projects. Comment: Even my grandmother can trade oil better than this pttep team. At least […]
Read More →BIS: veterinary medicines & med devices distributor, Bioscience Animal Health, debut IPO 94m shares @ Bt6 apiece, Maybank leads. Comment: An interesting business model and industry. But more importantly small name big first day POP GUNKUL: in talk several developer partners to sell & install EV charging station in condos & residential compound, more turnkey […]
Read More →Compilation of the past week notes GDT VNGDT spent USD3mn to acquire Duc Tam Wood Manufacturing and Exporting Ltd., a wooden furniture manufacturer in Dong Nai Province. Comment: That’s a sizeable acquisition for this firm, rev ~USD 15 mn p.a. LPB VN2022 targets include credit growth of 18.0%, funding growth of 18.5%, pure NFI growth […]
Read More →Now the SET is only +0.1% for the year and if you take into account the currency drop versus the USD, its rubbish. Banks earnings are out, basically better than what most expected. And I’m still on my commodity rampage, just think about it, China is still locking down Shanghai, a semi-lockdown of Beijing, ASEAN […]
Read More →Notable Transactions Buy(s) THB 118 mn THG – A director bought at 61 ish (post the collapse in the share price) and the owner bought at the top Sell(s) THB 11 mn N/a
Read More →Car exports hit by parts crisis: Shortage cut March shipments by 10.2%. Car exports in March fell by 10.2% year-onyear to 93,840 units due to semiconductor and auto parts shortages, says the FTI. Thailand’s car exports in March dropped by 10.2% year-on-year to 93,840 units due to a shortage of semiconductors and auto parts, which […]
Read More →AOT to still report net losses this year, after only 19m pax traffic in 7M22, way below 62.13 FY22 target, which soon to be revised lower. Comment: Valued as if Chinese tourists are going to be here in force in 2 months CEYE: content management, digital marketing, on/offline media solutions, Chamni’s Eye, debut IPO 70m […]
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