Notable Transactions Note: Price data is as of 24/08/20, and as 2Q20 #’s are finished, management buy/sells are YUGEE. Buy(s) THB 560 mn BOFFICE – Family has put in a small fortune ready for the cap increase. OSP – Founding family member has been putting a lot of capital to work this year, both in […]

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BJCHI said results of the 7 projects worth Bt13b it participated in bidding will be known by end of year, adding to Bt3.5b current backlog, the highest since 2016. KKP name changed to Kiatnakin Phatra Bank Pcl, effective tomorrow (Aug 20), ticker remained unchanged. Comment: I suppose they had to make it obvious… KTC’s P-Loan, […]

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BAM branches out from NPA auction to direct sales to capture real demand for assets, sees banks stretched term loans & restructuring debtors near terms, may add more assets in 4Q. BWG sold PP 319m shares at Bt0.51 apiece to 5 private investors, will not get subscription right of subsidiary IPO of ETC. Reminder: BWG: […]

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AOT mulls closing some of THAI’s international check-in counter and facilities in accordance with lower number of passenger aiming to curb costs. Comment: Well that took them long enough…with the public announcement re the decline in travelers and no recovery til 2022 in their minds…will they allow King Power to renegotiate? Conspiracy theorists says yes. […]

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ADVANC sees positive 3Q momentum from higher ARPU as deep discount package already expired since end of-May, higher market share on FBB supported by WFH demand. Comment: Still curious to see the 5G story play out. If anyone has a decent paper out there on 5G please send it across, specifically the beneficiaries. NPLs expect […]

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AAV will ask regulators to change the rule requiring airlines to keep middle seats open, aiming to increase capacity ahead of the government’s domestic tourism promotion next month. Comment: I’m flying tonight and rather happy that I didn’t have to pay to book a seat. Now, the average price of an Air Asia ticket has […]

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AP keeps Bt40.55b transfer target this year, +25%, and pre-sales at Bt33.5b, but will adjust business plan and forecast in April. Comment: That’s a ballsy target, I wonder what the sacrifice in margins will be AWC shuts down 5 hotels in BKK, Marriot, Le meridian, Okura & Hilton, from March 26 – April 15. Comment: […]

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AOT to announce winner for Bt13b SIA’s 3rd runway projects and satellite terminal on March 9. AWC target 15% CAGR over next 5 years, sets 5 year capex at Bt30b to expand hospitality and commercial projects. BANPU sees profitable this year from -Bt553m loss in 2019, expecting turnaround in coal, utility and gas business. Comment: […]

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AGE sets Bt8b revenue target this year, 3.6m tons of coal sales, aggressive in logistic business expansion. BBL launched QR code worldwide digital payment services via mobile app, BBL BeWallet. Comment: Now that’s something! CI to bk Bt210m from disposal of 15.74% (15.74m shares) of BKKCP to 4 private investors in 1Q20; will hold 17.55% […]

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ACG upbeats 4Q earnings from strong vehicle sales ahead of year end, 11 more dealerships yoy and contribution from maintenance services, sets Bt200m budget to open 2 branches and expand relating business, target 20% revenue growth next year. BA to compete with King Power for duty free pick-up counter at Suvarnabhumi and Donmuang, result Jan […]

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