Aren’t markets friggin’ fantastic? Last week I laid out these thoughts: “Our playbook for the next few weeks are along these lines….US markets will be smacked for the next 1-2 weeks, USD strengthens due to the hawkish rhetoric regarding tapering, commodities pull back and the USD 3 trn stimulus bill in the US doesn’t pass. […]
Read More →ATP30 wins E-Bus operating contract from PTT’s unit, firms on 15% revenue growth target this year, mulls studying e-bus and charging station plans. Comment: Ka-ching, steady cashflow for ATP30. INET mulls listing internet service subsidiary, Mandala Communication, to expand IT platform, cyber security, big data, planning to sell 2nd data center into REIT and re-invest […]
Read More →Notable Transactions Buy(s) THB 193 mn JMART – And he’s still buying shares in the market. Sell(s) THB 3bn RBF – Founders selling part of their stake to TU.
Read More →Moody’s said Thai banks are strong with 152.2% reserves, helps cushioning potential rise in NPLs. Finance Ministry will pump additional money into the economy system in 4Q to further improve the flagging economy amid the prolonged pandemic, said director-general of the Fiscal Policy Office (FPO). Office of Insurance Commission (OIC) has rejected speculation regarding the […]
Read More →AJ reaffirms 10% FY21 BOPET sales volume target driven by strong packaging demand & larger footprint in SEA from colab with SCG Chemicals, sees wider margins 2H following px hike in 2Q, allot Bt 1.4b capex to boost capacity in SEA. AOT amended terms of use for operation of 6 airports with Department of Airports […]
Read More →AJA appointed by Alibaba to be agent of Alibaba Cloud in TH, target data center demand from large corporate, smart city, 5G & Sattelite connectivity. Comment: Wait what? Perhaps they are just one of 1,000 agents. AUCT upbeats 2H earnings from flooding repossessed vehicles thru auction yards as FI accelerating hair-cut on hire purchase to […]
Read More →ALT reaffirms solid 3Q from revenue recognition of smart meter projects for Provincial Electricity Authority (PEA), expects to secure additional private PPA solar rooftop as demand for energy saving grows among corporate, SMEs & developers. HTECH sees 100% yoy jump in profit this year to Bt132m, boosted by strong demands from EV related , expecting […]
Read More →DMT mulls bidding for rest area’s commercial service plaza from Department of Highway, seeks to branch out from tollway business, shorter payback period, avoid heavy capex. Comment: This group were “Clever” in getting their 1 concession which ended up paying great dividends for decades. Let’s see if the next generation can figure out how to […]
Read More →Ah that wonderful September feeling where did you disappear to? Evergrande is all of the news at the moment, despite this being spread around the investment community for the past 5-6 months. And this is apparently what’s driving the markets on the way down. Our playbook for the next few weeks are along these lines….US […]
Read More →Notable Transactions Buy(s) THB 270 mn TQM – Family members buying big. Sell(s) THB 422 mn BDMS – And the founder is back to being a seller. PJW – One of the family members (Vice Chair) dumps 2% of total outstanding shares. SPA – The MD sells off some shares.
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