DELTA: expects chips & parts shortage to improve 2H22, plans to invest US$ 120m for new plant in India & expansion in TH, eyes 10-20% revenue growth target, will curb costs to buffer margin. Comment: Still trading at 70-80x earnings….. SNC: anticipates 1H turnaround from recovery demand for account parts upcoming summer season, higher OEM […]
Read More →Given that I’ve been rather active in Vietnam for the past 6 years, I think it’ll be an interesting exercise for me to include a SITN for news from VN companies. As with the Thai ones, it’ll keep me on my toes, and perhaps you’ll get something out of it. {DGW VN} has approved to […]
Read More →AAV: mulls introducing new regional routes to spur intra-Asean travel, in talk with ministers for possibility to add Jakarta- Hua-Hin route. Comment: Retail investors are more interested in the picture of the Bitkub fellow and Tony from AirAsia that floated around social media over the past few days. GTB: wins contract to supply fire tube […]
Read More →BEM sees YTD average toll way traffic near pre-covid level 1m trips/day, expects MRT ridership gradually recovery from current 200k/day as virus eased, adding more visa contactless payment devices at tollway & MRT to boost traffic. Comment: Google Mobility shows that Thai’s visits to retail and recreation are higher today than pre-covid. But no one […]
Read More →So True & DTAC is effectively done now. Check. Now the last question is which management team is going to run it, if it’s Telenor then the combined entity will sky rocket in value, if it’s from the CP side then…well. It’ll be what it is. Commodities are still rocking and rolling & with countries […]
Read More →Notable Transactions I suspect that this coming week we’ll see more active management/directors’ buying/selling after all FY earnings are released Buy(s) THB 44 mn KCE – The Vice Chairman decides to take a stake after the company disappointed on #’s Sell(s) THB 24 mn MVP – A Director dumps. This comes after the stock was […]
Read More →Further signs of PPRP splits: Ruam Thai Sang Chart’s emergence a sign of trouble in the ruling party. Academics believe the emergence of Ruam Thai Sang Chart, the party which has pledged to nominate Prime Minister Prayut Chan-o-cha as a candidate for the same role in the next election, indicates that there’s an internal rift […]
Read More →KBANK launches EV hire-purchase program, Green Zero, offering credits for EV or BEV up to Bt12m/vehicle, 7yrs installment, target Bt3b initial phase. Comment: It’s just a car leasing program… PTTGC sees FY22 chemical sales on par with Bt465b last year due to planned shutdown at olefin plant (Unit 4/19 days/1Q), (Unit 3/39 days, 2Q) while […]
Read More →GRAND: PAR changed to Bt 0.5 from 1, effective today. Comment: It looks like the old trend of whenever a stocks does a par split in thailand => upside, is gone. Several occurred over the past few years with minimal impact. But this trend still works in Indo, time to shift capital there :p GULF […]
Read More →ACE signed PPA with EGAT for 8 community PP with 50MW capacity, to spend 10 months on construction, ready to bid for 400MW in 2nd phase. Comment: Are you ready to see ACE win most of the 2nd phase? NBTC’s summoned ADVANC to meet today to explain the downing of its mobile and fixed internet […]
Read More →