CENTEL omitted dividend for FY19 operation after previously declared Bt0.55 dps, preserve cash for hotel operation. Comment: You’ll see a lot of dividend cuts….. EPG sees FY20 (ending March 20) on par with previous year, helped by solid 4Q from lower raw mat price and weak THB. Comment: Again love 1/2 the business, hate the […]
Read More →EASTW give 1.5% discount on tap water sales to Provincial Waterwork Authority for 3 months from April to June 20 to aid those impacted from COVID 19. Comment: Not much of a discount…water has been the only utility to not be targeted for discounts by any government for the past 15 years (from memory) HANA […]
Read More →Notable Transactions Buy(s) THB 160 mn UREKA – This director has taken a sizeable bet. THG – Is a change in ownership on the way here? Sell(s) THB 16 mn
Read More →B400bn necessary for rehabilitation : With exports and tourism likely to slow until early next year because of the coronavirus crisis, Thailand desperately needs to inject 400 billion baht worth of spending slated for economic and social rehabilitation by June, says Deputy Prime Minister Somkid Jatusripitak. Bangkok Post Auto lenders post marginal loan growth : […]
Read More →ASEFA: announcement of share buyback up to 35m shares or 6.36% of paid-up under Bt 120m budget from May 21 until November 20,20. Comment: Another sharebuyback! AWC, TOA, KTC may be added in to MSCI Standard Index upcoming announcement on May 12, tabloid. FLOYD: signed 2 construction contracts for HMPRO & BJC total Bt 163.17m. […]
Read More →BPP and TTW may be added to SET50 for 2H20, and ACE, TVO, WHAUP, DOHOME, SIRI, RBF, SISB to SET100, while BBL may be added to MSCI Standard, Tabloid. GGC reports 1Qnp at Bt238m, +984% yoy vs Bt228m estimate, thanks to reformulated biodiesel to B10 from B7 effective January 1, will scale back methyl ester […]
Read More →Notable Transactions Buy(s) THB 101 mn THG – A director is buying shares from the Chairman/Founder? A change finally occurring here? Sell(s) THB 75.8 mn THG – See above
Read More →And now the fun starts. 1Q earnings are continuing to be released for Thai companies/region/world. Economies are going to begin opening up. What is currently being priced into the markets/sectors/names? Hope? Reality? Will there be a disappointing in how slow the economy opens up? Several businesses are gone, salaries are lost, debt has been accumulated. […]
Read More →CHG reaffirms 10% revenue growth target after securing more SSO’s patients. Comment: The hospitals that aren’t focused on foreign customers are now the safer players. DELTA sees higher revenue from abroad after US & EU ease lockdown, maintained 5-10% revenue growth target, tailwind from weak THB boost earnings. Comment: That is impressive. INET will branch […]
Read More →SME soft loans open for applications: Commercial banks to relay customer list to BoT. On Monday, the Bank of Thailand plans to kick off applications for the 500-billion-baht soft loan scheme for small and medium-sized enterprises (SMEs) affected by the coronavirus, with banks expected to start taking out the loans from the central bank late […]
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