Notable Transactions Buy(s) THB 216 mn AGE – Hmmm another decent buy by the Chairman/MD OSP – The family continues to accumulate their shares Sell(s) THB 400 mn IP – The CEO dumps a block NOBLE – The odd shareholders are out.
Read More →CRC scales back European malls expansion as pandemic dampen purchasing power, mulls investing in IT & online business to align with new normal. Comment: Without tourism from Asia the malls they have in Europe will be quiet….for Thailand ~20% comes from direct tourism spending. GULF to wrap up 3 hydro powerplants deal in Laos with […]
Read More →AMATA: KSAM cuts holding by 0.0807% to 4.987% of total outstanding on Monday (Aug 31), SEC filing. BGRIM to work with AMATA in developing smart-city concept in every projects, hoping to boost power productions, including Amata Smart City in Myanmar. CPALL maintained 700 branches expansion target this year, will sell Bt25b CD to refinance and […]
Read More →BA add 1 daily flight each to 3 routes (Bkk-Chiang Mai, Bkk-Phuket, Bkk-Lampang) from Sept 1. BAM’s earnings have bottomed out in 2Q, with Bt1.16b Net profit expected for 3Q, +32%, excluding Bt2-3b DTA, Tabloid. CGD to launch 2 hotels, Capella Bangkok and Four Season at Chao Phraya river, in Oct and Nov, Bt12b backlog […]
Read More →Right of first refusal, or as I like to call it, freebie shares. Is this the beginning of a new trend where companies are going to be spinning off subsidiary/associate co’s and offering shares of the new IPO to existing shareholders of the existing listed co? The first one we saw post-lockdown was BWG (Better […]
Read More →AWC inked deal with Marriott International to expand 4 hotels total 1,638 rooms including Ritz-Carlton Reserve, Autograph Collection, JW Marriott Marquis. Comment: And watch them continue to sell assets from the private co to the public co. BGRIM’s expected to wrap up 2,700MW LNG to Power deal in Vietnam by early next year following earlier […]
Read More →Last day of the month, earnings are done, XD dates are in progress and so now the q is what’s next….will the markets price in the reality of a rather weak economy or will investors look at the potential momentum build up over the coming months/quarters/years? I still think this will be sector specific and […]
Read More →Notable Transactions Buy(s) THB 127 mn AGE – A swap between family members TFG – He’s still buying. And with commodity prices still going up, it makes sense. Their non-listed competition is suffering… SAWAD – The boss lady continues going for it. Sell(s) THB 154 mn AS – He’s been dumping heavily since the spike […]
Read More →Navy on defensive over sub plan: Top brass slam Pheu Thai ‘politicisation’. The Royal Thai Navy has defended its planned procurement of two more submarines worth a massive 22.5 billion baht from China, and accused the Pheu Thai Party of exploiting the issue for political gain. Bangkok Post Dept plans ‘villa quarantine’: The Department of […]
Read More →AS sees YoY revenue growth this year on >10 games launched, with 5 to be in 2H. Comment: Kicking myself for missing this. BAY cuts FY20 loan growth target to 3-5% from 5-7%, NII to 10-15% contraction yoy from -3% prior, coverage ratio 180-200 bps from 130-150 bps on fragile environment. BWG’s major holder, Komol […]
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