BAFS expects 8% growth in aviation fuel sales, as daily usage recovers, confident latest acquisition of 7 PP from PDI, 36.4MW worth Bt1.39b, would help boost this year revenue up 32%. Comment: This acquisition from PDI just shows that the management of BA doesn’t know what it’s doing. But ok, BAFS’s core business is great […]
Read More →So the 4Q20 #’s were finished a few weeks ago, there’s an excel file link below (only available for a week from posting date) Here are some quick #’s: SET 4Q profit was -31% YoY, +23.7% QoQ, 9M was -50% 3/27 sectors grew YoY & QoQ 119/814 companies (SET & MAI) grew their profits & […]
Read More →NER sets Bt22b revenue target, >30% growth yoy, mulls revising sales target up in 2Q21 on rising demand.RT sets 20% revenue growth target to Bt3b, supported btBt3.5b backlog, eyes bidding for Denchai-Chiangrai-Chiangkhong dual track rail projects in May.result out July 15, PPA signs July 22. PSTC buys LPG & LNG transport co., BGT Logistic, to […]
Read More →AMATA sets 950 rais domestic land sales target this year, 700-800 rais in Vietnam, growth will be supported by Bt1,813m backlog, sets Bt4-5b capex. Comment: When has AMATA ever achieved anything? I’ve been following them since 2004, and nothing has changed. Treat it like the dinosaur it is, when the share price drops for whatever […]
Read More →Ohhh boy look at the markets. Naturally over the past 12 months returns look amazing because guess what it’s been a year since the Wuflu starting hitting the Western markets (it hit Asian markets initially in Feb ’20) and then took the global markets all the way down. 12 months! It’s been a year of […]
Read More →PACO, an auto air condition part manufacturer, President Automobile Industry pcl, debuts today, 260m shares IPO at Bt1.4 apiece. Comment: BOOM, small name, same float, great first day pop. PPS sets Bt500m revenue target this year, +10% yoy, GPM at 24%, supported by Bt563m backlog, of which Bt300-400m to book this year. S sets Bt20b […]
Read More →Notable Transactions Buy(s) THB 9.8 bn BJC – And the family continues to adjust their corporate holdings ACG – I’m assuming its the same as what’s occurring in BJC, i.e. a switch in family holding structure from personal to corporate. The company is a Honda automotive distributor. SO – The CEO and CFO bought up […]
Read More →Is it me or did Buffet’s annual letter didn’t get as much play in the media as it used to? Or am I just in a different social media bubble that I don’t see the using fawning over what he wrote? Same thoughts apply to Marks latest Memo, normally I would see this all over […]
Read More →Bankers seek easing of soft loan regulations: The Thai Bankers’ Association (TBA) has asked for an easing of the government’s amendment of the soft loan decree, which was aimed at facilitating better access to funding for small and medium-sized enterprises (SMEs). Bangkok Post FTI is worried efforts to restore the reeling Thai and global economies […]
Read More →EKH mulls opening Cannabis medical clinic, in operation next year. Comment: This nation will never have another fight, everyone will be too relaxed and stoned. GUNKUL’s got credit upgraded by Fitch from BBB to BBB+, while subordinated debt rating to BBB from BBB-, reflecting higher cashflows from PP business. MBK’s 6.068m new shares from conversion […]
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