Doctors issue Stage-3 warning : Nation ‘not equipped’ for full-on epidemic. An association of chest physicians is calling on the government to prepare for Covid-19 to become a “Stage 3”, full-blown epidemic in Thailand while slamming the authorities’ slow response to the spread of the disease. Bangkok Post SET changes shorting rules amid chaos : […]
Read More →Bank & Finco expected to purge bad debts >Bt170k from total Bt500b NPLs in the system, Tabloid. Comment: Debt jubilee? The conspiracy theorists will have a field day with this. BKI stops selling Covid-19 insurance as entire budget coverage fully subscribed. Comment: Members of my team bought some, why? They called it a lottery, spend […]
Read More →MAJOR to temporary shut all its cinemas in Thailand, Cambodia and Laos, from 18-31 March. Comment: Another name that can double over the next 2 years. SAT sees 7-10% fall in sales this year, to emphasize on oversea markets and new product lines. Comment: Autos are dead. TASCO reaffirms big jump 1Q as asphalt sales […]
Read More →ACG allots Bt40m budget to branch out from dealer to auto maintenance services, sees demand grows as people choose to repair over replace, target 5 outlets by end of year. BJC sets Bt10b capex to add 3 BigC hypermarket branches in TH and 1 abroad, expand Pure Pharmacy, mini BigC and supermarket. Comment: So the […]
Read More →MAJOR sees sharp fall in 1H20 profit on outbreak, as several movies had delayed premier, including Fast & Furious 9 and James Bond, cutting revenue projection down 17% to Bt8.8b, the lowest in 4 year. Comment: All the major movies are going to be postponed, perhaps this will accelerate the move to digital further by […]
Read More →There were 413 Buy transactions last week! Notable Transactions Buy(s) THB 1.2 bn MINT – One of the major shareholders decided to massively increase his stake. GULF – He’s backkkkkkkkkkkkkkkk SUPER – Rare to see a decent buy here EA – Perhaps by buying the IE from his son, it will create tangible value in […]
Read More →FY19 figures were due as of end of Feb, and yes, this may not be the most important post at the moment, however one should still keep things in perspective. Table 1: Sectors financial performance Comments: SET profits were -7% for 2019, +37% in 4Q19. 13/27 (48%) sectors had a positive growth in 2019, 15/27 […]
Read More →A viral wake-up call : Representatives of the tourism, retail and commerce industries offer their views on the state’s handling of the epidemic. Managing a virus epidemic can be a daunting task for any administration, but inefficiency by the government for its perceived failure to contain the coronavirus outbreak in Thailand has drawn waves of […]
Read More →GUNKUL sees solid 1Q after realizing 94MW solar farms in Vietnam and Japan, in talk to acquire windfarm in Vietnam in 3Q. HMPRO sees negative SSSG 1Q from lower traffic amid virus, aims to curb costs, adds campaign to boost online sales, sets Bt5b budget to add 5 branches & revamp existing outlets. Comment: Everyone […]
Read More →BAM may book Bt5.9b tax gain (DTA) this year, boosting overall net profit to Bt10b this year, Tabloid. Comment: This was supposed to be done in 4Q19, much to the surprise of all the IPO investors it didn’t happen BCP shuts refinery’s canteen for 14 days aft discovered QC inspector infected Covid-19, arranges big cleaning […]
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