FTSE SET Changes
Effective at the close of Fri (Jun 19). FTSE SET Large Cap index: +CRC & DIF FTSE SET Mid Cap index: +ACE, BAM, IMPACT, LH, MINT, TQM
Read More →Tag: Thai equities market
Stocks in the news (amata, amatav, bgrim, crc, jas, makro, sawad, sta, trc, trubb) 08.06.20
AMATA expects 2H recovery, keeps 950 rais land sales target, and books 60-80% of Bt2.486b backlog this year. Comment: Seeing is believing. That EEC story seems to have disappeared. AMATAV keeps Bt1.5b revenue target this year, supported by transfers of 28 hectares of land and sales of ASCLT 1 and ASCLT 2 in Vietnam this […]
Read More →Management Trades 01/06 – 05/06
Notable Transactions Buy(s) THB 277.7 mn DCC – A director bought a bucketload of shares JMART – The father and in this case, son, have been accumulating a lot of shares. PRINC – This is a hospital play, the MD buys up shares. SITHAI – The Chairman gobbles up shares. Sell(s) THB 73 mn PJW […]
Read More →WHTW Top 10: 01/06 – 05/06
Budget Bureau gives nod to further B100bn in borrowing : The government is able to borrow an additional 100 billion baht to offset a budget deficit if state revenue collection for fiscal 2021 misses its target, says the Budget Bureau. Bangkok Post THAI flights put on hold until July : Thai Airways International (THAI) has […]
Read More →Stocks in the news (lh, noble, pttgc, samtel, sawad, tse, tu, vnt) 04.06.20
LH expects cost saving from lower land tax, existing landbank ensures new projects over next 4 years, maintaining 2H launch plans 12 SDH projects worth Bt21b. Comment: I expect to see that the larger players just get larger, especially in the housing market NOBLE secures Bt1.3b in presales during 1st day of online booking under […]
Read More →Stocks in the news (acg, advanc, bam, bem, dohome, fmt, rjh, shr, spa) 02.06.20
ACG branches out from car dealership business to vehicle maintenance and parts sales services, FASTFIT, to expand client bases and mitigate risk from weak auto market. Comment: I find this to be a difficult business to do well in, they are up against incumbents such as BQUIK and ACT, and these are rather deep customer […]
Read More →Stocks in the news (ah, bch, com7, cpn, jkn, mbk, super, spf) 01.06.20
AH sees 40% drop in revenue this year, with net loss expected in 2Q, aims to cut costs by 50%. Comment: Well…looks like their expansion plans are all on hold BCH sees solid growth in 2Q20 from COVID related revenue and from 5% growth in social security patients to 900K, keeps plan to build 3 […]
Read More →Management Trades 25/05 – 29/05
Notable Transactions Buy(s) THB 116 mn SPC – The Chairman keeps buying and buying. Sell(s) THB 2.9 bn CBG – Peak CBG, owner sells ~2-3% of his stake in a block STARK – That’s a decent sized sale by a Director.
Read More →WHTW Top 10: 25/05 – 29/05
Household debt risks boiling over : NPL value closing in on B1tn this year amid contraction. The country’s household bad debt is expected to reach 1 trillion baht this year, putting the ratio to total loans outstanding into double digits as debt-servicing ability erodes amid coronavirus-induced income shocks, says the head of the National Credit […]
Read More →Stocks in the news (bafs, bam, gunkul, noble, pf, ptg, ptt, singer, thai) 29.05.20
BAFS branches out from jets refueling to power business on risk diversification plan, expects to wrap up M&A 20mw powerplants in 2H. BAM said to miss revenue target by 15% this year due to outbreak, mullsBt25b bond for expansion. GUNKUL upbeats outlook from 638mw PPA on hand (cod-ed 437mw), expects to win additional EPC contract […]
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