The Giants keep growing their market share, CPN has acquired SF from MAJOR. The other giants are letting their competition go bankrupt (hotels and F&B are an easy example of this). Market wise – It’s driven by Covid Politics for the rest of the month. Earnings season has started, so you’ll see less buying/selling by […]
Read More →Notable Transactions Buy(s) THB 128 mn TMT – The CEO buys a chunk of shares. Sell(s) THB 174 mn NCL – The CEO sells ~7% of the shares.
Read More →Govt lambastes US for TIP downgrade: The government has expressed disappointment and criticised the United States’ decision to downgrade Thailand in its annual worldwide human trafficking report. Bangkok Post State Railway to sell bidding envelope for Bt78b Southern Purple Line, 6 contracts in total, from 5-7 Oct. CK, STEC, UNIQ, and ITD are expected to […]
Read More →ASIAN sees positive sales momentum continue 2H from ready-meal, frozen foods & pet foods exports, higher THB revenue from weak currency & contribution of exports (75% to total sales), frozen fried foods production line cod 3Q21, additional capacity from pet food cod 1Q22, mulls tapping in EU market, target FY21 revenue growth >10% above Bt9.5b. […]
Read More →APCO kick-off exports cancer treatment products to Chinese partner in July, will add more anti-aging & slimming products on line-up in 3Q, mulls expand capacity as average order from China > 1 ton/month. Comment: Their business model is to peddle rubbish “health” products via MLMs. BGRIM sets Bt300b 10-year capex to boost capacity to 10,000 […]
Read More →AEONTS reports 1Q22 net profit (end of May21) at Bt1.149b, +117%, topline -11% yoy from shrinking card spending from Covid impact & new loan suspension at Aeonts Micro finance (Myanmar) since February 1, lower LLP yoy, recovery on doubtful account and costs control provided cushion. Comment: Given the high debt levels in Thailand, a friend […]
Read More →AKR will bid for govt infra procurement projects total Bt3b in 2H, aims to secure at least 10% of total bidding, sees demand for transformer remained strong from powerplants expansion, Bt300m backlog to realize this year. BBL’s accelerating NPA sales to tackle NPLs in 2H. Comment: BBL’s senior management doesn’t bother to get onto Zoom […]
Read More →I don’t think it’s been well noted that the THB has depreciated versus the USD by ~4-5% over the past 3 weeks. If you look in USD terms, the SET is only +2.3% for the year. Should there not be another round of covid noise in the country, reopening theme, thai hemp, commodities will all […]
Read More →Note: There are several “strange” companies with relatively large transactions occurring below. Notable Transactions Buy(s) THB 231 mn NMG SPALI – The family buy’s shares, its probably one of the few property companies that is continuing to perform well. Sell(s) THB 1.5 bn JWD – The COM7 owner bought into JWD, he’s been on quite […]
Read More →Insurance companies will likely stop making lump sum Covid insurance payments as the number of local cases has surpassed 200,000, leading firms to review the processes of their products, says Anon Vangwasu, president of the Thai General Insurance Association (TGIA). PM orders B7.5bn of aid: Prayut ‘unfazed’ by flak over new curbs. Prime Minister Prayut […]
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