AOT: Treasury department mulls scrap 50% land rent discount at 6 airports next year as Covid situation eased. Comment: Tourism figures are still -50% of pre wuflu, but the share price is already near the 2019 peak. Well ok…granted I do still think TH will back to those high travel figures within the next 6-12 […]
Read More →ADVANC: mulls propose JAS to buys JASIF at lower than Bt 8.5/unit in exchange of keeping rental guarantee payment of fiber network by Tripple T Broadband, tabloid. Comment: Well that’s amusing. It’s just an IRR calculation atm. ASAP: expects windfall from an upcoming domestic travel stimulus, revamp fleets to accommodate car rent demand upcoming holiday […]
Read More →It’s earnings seasonnnnnnnnnnnnn, and look, the banks are doing great – it’s wonderful to watch them do the provision/NPL game. Now inflation….if the plc’s are able to increase revenues at the actual inflation rate whereas their labour costs are increasing at “official inflation rates” how much of an increase in margins are we going to […]
Read More →Week 17/10 – 21/10 Stock news (baf.vn, dig.vn, dhg.vn, drc.vn, fmc.vn, fpt.vn, hdc.vn, imp.vn, pdr.vn, plx.vn, ptb.vn, nt2.vn, ntc.vn, szc.vn, vos.vn, vpi.vn) Comment: A lot is company performance figures – note that 3Q21 has a low base due to the lockdowns (remember those) – thus I can’t comment on every name – too much to […]
Read More →Bhumjaithai aims high: Party targets 120 seats, backed by cash and solid candidate line-up. With plenty of resources and a vast supply of election candidates at its disposal, Bhumjaithai is widely speculated to outdo the ruling Palang Pracharath Party (PPRP) at the next general election. Bangkok Post IMF projects Thai growth of 2.8%: Agency calls […]
Read More →AWC accepted transfer of leasehold rights of Bt4,205m Gateway Ekamai Project from its subsidiary, with plan to develop it into a fully functioning shopping center. Comment: Another private asset of the family are being monetised into the plc. BJCHI secures 2 contracts from Santos for projects in AU, involving supply and provide fabrication of wellhead […]
Read More →ASW expands into lifestyle and entertainment by taking 41.18% stake in Zaap World, to add brand value among new gens. Comment: Other than MK suki, and perhaps now After You, what other Thai brands have actually succeeded staying in people’s minds? CKP adds 8% more stake worth Bt21.5b in Luangprabang PP, bringing total to 50%, […]
Read More →AJ board approved procurement plan under Bt1.1b budget, to buy BOPP film machineries & equipment from EU & JPN for regional expansion, aims to capitalize on weak currency. AMARC: food & agricultural inspection laboratory, Asia Medical & Agricultural Lab and Research Center, debut IPO 120m shares at Bt 2.9 apiece. Comment: Now here’s your typical […]
Read More →ADVANC sets Bt30b capex to expand 5G network, to boost customer bases for AIS 5G and AIS Fiber to 2.2m from 1.97m, and to wrap up data centre JV with GULF by end of year. AGE mulls expand from coal & logistic to hire purchase business, target existing trailer drivers of the company, plans to […]
Read More →So during the shortened week the Thai market did finally wobble down, but more important is that the THB just weakened past 38. Ouch. And given that this incompetent government of the past 8 years has done nothing other than weaken the balance sheet and earnings of Thailand, there’s not much that the BoT can […]
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