So we are in my favourite month for when $hit hits the fan in global markets. The latest oil price spike…well what does this mean? What if one can say oil prices were high in 2007, US markets were at ATH, the Fed was cutting rates…mirror scenario now? Or Oil prices increase + soft commodity […]
Read More →Notable Transactions Buy(s) THB 26 mn N/A Sell(s) THB 207 mn NOBLE – Another block sold out KTECH – Dead name ZEN – A big sell by the EVP/Director
Read More →Fresh perks to attract FDI : The economic cabinet yesterday approved the Thailand Plus package to woo foreign firms looking to relocate production amid the snowballing Sino-US trade war. Bangkok Post Retailers to stop handing out plastics : Giant retailers, plastic manufacturing titans, and department stores reached an agreement yesterday to stop handing out single-use […]
Read More →AIE sees 2H turnaround from recovery demand for B10 biodiesel on government promotion, eyes 20% revenue growth this year. BEAUTY, ANAN, PSL, TKN, ERW may be taken off the SET100, with the arrival of AWC, Tabloid. Comment: Well 5 companies are not going to be removed because of 1 company CHAYO allots Bt1b budget to […]
Read More →Asset World Corp (AWC), a property arm under Charoen of THBEV, to acquire prime prop in BKK and key resort destinations held by the group to develop mixed-use projects and hotels in next 5 years, IPO @ Bt6, September 25-27 and go straight into SET50. Comment: ROE of 3% .. well…TCC buys property, develops it, […]
Read More →AH sells shares of JV company in Vietnam, AVAP, to Vinfast trading for Bt377m, will book gains in 3Q. Comment: From talks with folks in Vietnam, this is because Vinfast is slow with the roll out and difficult with negotiations. Most likely a prudent move made by AH. DEMCO sees strong 2H upon realizing Bt1.13b […]
Read More →ALL to boost recurring income to 20% in 5 years after investing in the New Forum Plaza, to realize Bt4b backlog in 2H, on track to exceed Bt4.5b revenue this year. Comment: And its a trend amongst all the property developers to build a recurring income asset. Those that haven’t will continue to suffer ASIAN […]
Read More →Notable Transactions Buy(s) THB 21.3 mn N/a Sell(s) THB 88.2 mn SPA – The MD and a Director sell off a stake
Read More →Part of me is of the viewpoint that with the Saudi’s continuing to cut oil output, or at the very least maintaining the cut, we could see oil prices remain firm/to slightly higher over the next few months. Should that be the case then well perhaps the SET could go over 1,700 in the near […]
Read More →ANAN target 7 new projects worth Bt21.93b, 1 in 3Q and 6 in 4Q, maintaining Bt29b full year transfer, Bt19b to transfer last 4 months. Comment: It’s all back ended to the 4Q as it typically has always been for ANAN and the majority of property companies. So lets see how much damage there is […]
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