JPARK in talk partner to management parking-lot total 3k slots, expects to wrap up by end of month, firms on FY target 50k slots by end of year. Comment: Still need to know more about this group… MOSHI: Deputy CEO, Monthana Asavametha, sold 3m share or 0.9% to Samsung Asean Equity Fund @ Bt42 on […]
Read More →BGRIM acquires 97% stake in Philippine solar power pcdr (Caronsi Solar Energy Corp) undertaking & developing 65mw solar project. Comment: The Philippines is the best example of a country that is controlled by 10 families and a group of corrupt politicians and civil servants. An unpopular opinion I have is that Duterte was fantastic for […]
Read More →GFPT is expected to report meaningful turnaround driven by margin expansion as feed mill costs significantly drop (corn & soymeal), healthy chicken exports sales vol & selling price, higher profit sharing from jv unit GFPT Nichirei (GFN) and McKey Food services. Comment: No surprises…usually 3-5 year story..I’ve whispered it enough times :p MASTER to open […]
Read More →JMART: Local prices of mobile and IT products are not expected to be affected in the near term by new US import tariffs, as most products are manufactured in Asia. However, costs may rise for new product batches in 4Q if raw material prices increase. Comment: Everything comes from China, Taiwan & Vietnam and Thailand […]
Read More →Notable Transactions Buy(s) THB 291 mn Sell(s) THB 214 mn
Read More →CP Group, major holder of CPALL, was approached by Seven & I founder family to join in management buyout of 7-11 convenience store chain to fend off a $47b takeover from Canada’s Alimentation Couche-Tard. Itochu & Apollo Global Management are among potential partners the family has reportedly sounded out. Comment: This is amusing. Some believe […]
Read More →ACG anticipates 1Q25 turnaround from surged traffic thru 15 branches of Fast Fit auto maintenance center supported by Easy E-Receipt shopping tax rebate, fluids & parts sales via online. Comment: Just don’t see how they’ll become competitive in scale versus B-Quik. STECON reported construction backlog topped 2 years high >Bt112b at end of FY24, mulls […]
Read More →