BAM rolls out 1 month campaign (Jun 15-Jul 15), 1,500 NPA on sales, up to 30% discount plus free transfer, gearing up for venture with several finance institution to expand distress assets management in 3Q. Comment: BAM typically buys at distressed assets 70 of the asset price, not sure on the mark up value of […]

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AS: local fund, BBLAM, raised holding by 0.4382% to 5.0033% of total outstanding on January 27. Comment: It’s a bit late to be adding no? But I’ve been totally wrong on AS over the past 2 years, why? I remember all my meetings with them from 2010-2020 and didn’t think management would be able to […]

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CBG anticipates FY22 sales turnaround on improving domestic consumption, recovery CLMV & China sales, will launch CBD mixed drinks before eo-1Q, 2 functional drinks in April, firms on 20% revenue growth target. Comment: Sales turnaround? Revenue this year is ontrack to be equal to 2020 and higher than 2019. JMART sets 50% profit growth target […]

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APURE inked deal with Walmart to supply canned sweet corn, cream style corn, sweet corn in vacuum pack and canned baby corn thru its hypermarket in US & EU, target 30-40% CAGR over next 3 years, expects to get additional client on board in 4Q. Comment: That’s an incredible achievement. Thus the price wasn’t purely […]

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ADVANC wins court battle against NBTC, who tried to force ADVANC to pay Bt7.2b remedy packages to 900MHz subscribers. Comment: So the NBTC just wasted our taxpaying money, no surprise. ITEL: signs a data service contract with KTB worth Bt 165m, lifts backlog to Bt 4.53b, target 20% CAGR over next 3 years. Comment: Anyone […]

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DTAC’s confident its newly acquired 26GHz (200MHz) is sufficient to cater for its 5G business, mulls commercial services in 2Q20. Comment: Doesn’t appear to be the case when looking at their share price performance, the market is probably worried about the potential continued loss of customers. GUNKUL target FY20 revenue growth >20-25% yoy, supported by […]

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Notable Transactions Buy(s) THB 34.0 mn N/A Sell(s) THB 55.7 mn SKY – Management/directors have been selling this name continuously since the “change” in government. This was one of the odd names that seemed to win several IT projects whereas the rest of the industry suffered, has the tide turned negative for them?

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Notable Transactions Buy(s) THB 162 mn GULF – The owner just decided to buy a massive amount of shares, perhaps to show confidence that regardless of the news about the government wanting to own 51% of the power generated in Thailand that GULF is still going to perform. Sell(s) THB 153mn BDMS – Family and […]

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