What happened? On the 11th September TASCO informed to the market: The company was contacted by the US Embassy in Thailand that 3 weeks ago the US State Department asked them to stop procuring crude oil from Venezuela by the end of Nov 2020. And if they don’t they may face US sanctions. Source: https://www.set.or.th/set/newsdetails.do?newsId=15997807571200&language=en&country=US […]
Read More →BJC maintained 240 mini BigC stores opening target, will open 2 BigC hypermarket before end of year, seeks to expand food & pharma to capture demand for health conscious consumers, will revamp foodcourt and commercial areas to boost recurring income. CHAYO upbeats 2H earnings from debt collection service, call center & telesales business, in talk […]
Read More →BCP adds CRC’s mini mart brand, TOP’s, in retail stations, add more Inthanin café to boost non-oil revenue. JKN board approved to move JKN listing from MAI to SET, will seek SET approval. GUNKUL upbeats 2H earnings from EPC solar projects and contribution from wind & solar power port, 30mw Kenyir solar & 40mw in […]
Read More →CPF’s firm on 8-10% revenue growth, sees growth momentum into 2Q, sets Bt20b capex. Comment: I see a high probability for all commodity prices to go very very high over the coming decade… DCC’s 967.5m new shares from exercise of DCC-W1 1:1 at Bt1.15 apiece tradable today, previous close Bt1.84. JWD anticipates 2H turnaround from […]
Read More →MAJOR to temporary shut all its cinemas in Thailand, Cambodia and Laos, from 18-31 March. Comment: Another name that can double over the next 2 years. SAT sees 7-10% fall in sales this year, to emphasize on oversea markets and new product lines. Comment: Autos are dead. TASCO reaffirms big jump 1Q as asphalt sales […]
Read More →AOT admits covid-19 is the biggest challenge it’s ever faced, worst case would see net profit dropping to Bt10b vs Bt22.11b consensus. Comment: Risk happens fast. Best time to fly still. BJCHI signs 2 contracts worth Bt880m in AU. CP Group lands $10b Tesco deal, but needs approval from Office of Trade Competition Commission (OTCC), […]
Read More →DELTA sees COVID-19 weighing on 1Q20, yet firm on 5% revenue growth target this year, sets Bt$200m capex for M&A in India. Comment: We think its going to knock off -20% off the markets revenue (excl energy) GULF’s board approve par split from Bt5 to Bt1 to boost liquidity. Comment: Liquidity? The stock has plenty […]
Read More →BAY mulls to cut FY20 loan growth projection from current 5-7% from challenging econ conditions, aims to curb NPLs below 2.5%, sees no impact on NII from BOT’s plan to revamp fees structure. Comment: Second to TCHART, BAY has been consistent performer for the past few years KBANK’s 10 days buyback program kick-off tomorrow (Feb […]
Read More →AOT to sell bidding envelop for Suvarnabhumi and Donmuang duty free pick up counters during Nov 28 – Dec 13, expecting to receive 3% of sales. Comment: More and more $ coming into AOT BCP expects 130K/bbl/day next year, sets Bt800m capex for 60 new gas station from current 1,200, including 2 in Myanmar, Bt8b […]
Read More →BTS to cod 4 skytrain stations (Ratchayothin 24, Ratchayothin, Senanikhom, Kasetsart Uni) on Dec 4. IRPC sees recovery in 4Q from petrochemical, refinery and progress in US-China trade deal.Opening of bidding envelops for 45MW Srinakarin Dam floating solar projects is scheduled for today, SCC, GPSC, SPCG, GUNKUL, WHAUP, EPCO, IRPC, BGRIM and among those vying […]
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