Notable Transactions Buy(s) THB 22 mn N/A Sell(s) THB 420 mn III – Major shareholders sold a combined ~6.5% at 8/share (discount of -12%), wonder who this new buyer is. This is one of the company’s benefiting from the supply-chain issues.
Read More →Emergency extended; curbs until end of July: The state of emergency has been extended for another two months to bring the current Covid-19 outbreak under control, according to the Centre for Covid-19 Situation Administration. Bangkok Post Testing the stagflation waters: A combination of sluggish economic growth, relatively high unemployment and a worrying inflation figure may […]
Read More →CPN firms on plan to open Central Plaza Ayudhaya & Sriracha in 2H, target completions of Dusit Central Park in FY24, 9.2 acres mixed-use projects under JV Hong Kong Land by FY26, will finalize plan to estimate mall in Vietnam before end of year. Comment: Still the best mall operator in the country by a […]
Read More →BCH’s confident covid tests could reach 500K in 2Q, after 300K tested in April-May, vs 390K in 1Q, while the country’s doubling of Moderna quota to 10m doses should also help boost 3Q earnings. Comment: And they are increasing the fee’s for the COVID patients. CCET to temporary halt operations at Petchaburi plant from May […]
Read More →And here you go: SET earnings +130% YoY, +47% QoQ MAI +351% YoY, +49% QoQ Quick comments: I could be an idiot and value the SET and MAI on a PEG basis, but let’s leave that to the sell-side analysts. Look at Energy & utilities + petro 38% of the SET’s earnings, turned around from […]
Read More →AOT’s Bt41b passenger terminal (north expansion) gets greenlight from Deputy PM yesterday, as well as Bt7.8b (east expansion), with constructions start Jan 23 and April 22 respectively. Comment: The valuation of AOT still makes no sense. But c’est la vie. CK secured Bt5b water transmission tunnel, to official sign Bt47b dual-tracked Denchai-Chiangrai contract, boosting FY21 […]
Read More →BANPU sees solid 2Q21 on rising coal price to >$100/ton, while cutting costs in coal mines in Australia and Indonesia. Comment: And AGE and LANNA have benefited as well. JUBILE keeps 10% revenue growth target this year, on solid 1Q which showed a 11% growth, with plans to expand branches and promo in 2H to […]
Read More →From a Head of Research friend “Earnings: 1Q season is over and on aggregate it was up 28% and c.30% of our forecast. We run a preview on most our and on aggregate the actual earnings were 15.5% higher than expectation. This means upgrades…” Watch for the upgrades, why? The fortune cookie vaccine and AZ […]
Read More →With earnings reporting season over all the owners/directors have started buying/selling their shares again. Notable Transactions Buy(s) THB 988 AUCT – That’s a huge block trade, family took back some 14% the company. RS – He’s buying again. SABUY – They’re making moves and being paid well in share price performance, the MD buys more. […]
Read More →Government’s Mor Prom (“Doctors Ready”) platform can’t accept any more bookings for vaccinations in June, as all available slots have been allocated. BOT rollouts remedy package for retail clients, credit card & consumer credits borrowers, to stretch payment terms and/or cut interests, mortgage borrowers can petition for holiday payment on principal, pay interest only, HP […]
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