Let’s see…what is positive…ok the government is going to push through hundreds of billions of baht of infrastructure projects next year, and they claim that there won’t be any delays. And…that’s it. Protests have started again. It’s been quite a few years since the last ones…so things are returning to normal in Bangkok. At one […]
Read More →Notable Transactions Buy(s) THB 125 mn ACE – The family continues to buy shares PSTC – The Chairman is back to buying shares SABINA – That’s a big buy post the 1 day drop in SABINA. Sell(s) THB 74.9 mn N/A
Read More →Ministry restores rights for scheme : Some 1.1 million deprived registrants to receive rebate . The Finance Ministry has reinstated rights for the cash rebate to 1.1 million deprived registrants from the Taste-Shop-Spend scheme’s first and second phases in an effort to boost spending and economic growth. Bangkok Post UTCC: Confidence lowest in 67 months […]
Read More →AMANAH reaffirms big jump 4Q from strong demand for credit on holiday season, larger coverage from branches expansion and lower LLP after shift strategy to seize vehicle instead of settle with debtors on hire-purchase default AMATA signs JV Spore partner, Surbana Jurong Infrastruture, to provide consultancy service for entire projects under Amata Group. Comment: I […]
Read More →AOT’s current duty free operator, King Power, awarded a 11-years DMK airport duty free management concession from FY22-FY33. Comment: Well that was quick BBL to compete with Sumitimi Mitsui Financial for StanChart Indon. Comment: No more growth nor NIM expansion left in Thailand, Indonesia does look like a far better bet for the next 10-20 […]
Read More →AIMCG: name change to AIM Commercial Growth Leasehold Real Estate Investment Trust, ticker remain unchanged BJC: BigC hypermarket sees strong growth in home appliance sales on holiday season, eyes 2-3% sales growth yoy in 4Q. Comment: Markets and financial figures are telling a different story. The issue in the retail market is that they are […]
Read More →And the market is -ve YTD. Done. The only sector that has me interested for the next 2-3 years would be the commodity related space. Globally banks are (or have been) reducing financing to oil and coal firms…limited new supply…continued demand increase…dare I say it…for the first time since 2006 BANPU may actually look interesting.
Read More →BGC expects 4Q turnaround from lower bottle production costs as gas & cullet price drops, full quarter contribution of 74mw solar farm, recovery sales volume as demand for F&B grows. Comment: When Singha Beer sneezes, BGC catches the flu. BJC’s firm on 4-5% revenue growth target this year, sets Bt10b next year capex for glass […]
Read More →Notable Transactions Buy(s) THB 52 mn N/a Sell(s) THB 11 mn N/a
Read More →BoT upbeat on fourth-quarter outlook : Key official strikes bullish note for next year, predicts accelerated public spending . Even though the economy got off to a rough start in the fourth quarter, the Bank of Thailand remains optimistic that the period’s reading will fare better than the third quarter’s. Bangkok Post Defence ‘off-budget’ spend […]
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