BGRIM to wrap up 500MW M&A deal in 2H, reported Bt1,022m 2Q, flat yoy, but topped Bt850m consensus, Bt0.15 interim, XD Aug 26. Comment: The continued expansion of this behemoth is to be expected. EA to start delivering electric bus this month, while battery plant to start production within 3Q. Comment: A friend commented that […]
Read More →ADVANC maintained current approach to expand 5G network to increase market share to offset lower purchasing power from Covid, target 5G subscribers >2m by end of year from current 1m, stock trades XD on Monday (Aug 16), Bt3.5. Comment: Assuming that True takes DTAC, the telco industry is going to rock and roll. BPP acquires […]
Read More →AEONTS sees positive momentum on advanced cash withdrawal, mulls tap in digital lending to expand coverage, expects loan growth continue to expand over next 2 years from partnership with HUMAN & BTS. Comment: And as long as the customers that have withdrawn the cash are just paying interest, then they’ll be able to recognise these […]
Read More →BM upbeats full year earnings supported by demand for metal conduits, racks & enclosures, ctrl panel and switchboard on the back on infra expansion, agricultural machine parts orders for Kubota to realize in 3Q, contribution from 20% holding in EPC contractor (MECT), firms on record high profit this year. Comment: Record high profit means…+5% from […]
Read More →Note: Data as of 09/08 Have the number of “cases” officially peaked in Thailand over the weekend? Are they reporting that more people are being released from hospitals/hospitels? Is it time for the reopening trade to finally take off? I’ve been wrong on the timing on it this time (took longer than I thought), though […]
Read More →Notable Transactions Buy(s) THB 53 mn KKP – The buyer is regarded as one of the best thinkers/analysts in the country. And he’s chairman of the excom. Sell(s) THB 359 mn ILINK/ITEL – The founders sold a stake to a fund, commented on this already…
Read More →Cops cracks down on jab slot sales, after at least 7,000 ppl have bought Covid vaccination slots at Bang Sue Grand Station thru a loophole in the national vaccine recipient’s database. FTI seeks to speed up vaccinations at factories: The Federation of Thai Industries (FTI) is working to acquire more vaccines from the Labour and […]
Read More →AEC: name change to Beyond Securities Pcl, ticker change to BYD, warrant (AEC-W6) ticker change to BYD-W6 effective Monday. Comment: This firm has been on the market for sale for a year. BLA expects to report solid 2Q from higher premium on health insurance sales via bancassurance, investment gains & lower provision yoy, Tabloid. GPSC […]
Read More →AGE branches out from coal sales & bulk transport to container logistics business, aims to revamp pier, warehouse and truck to utilize existing resources, maintaining Bt11b FY21 revenue target. Comment: Inventory gains = massive profits, that’s the story for AGE. BCH reaffirms solid 2Q while 3rd wave of covid will boost 3Q, supported by 900K […]
Read More →AMR target to secure Bt2,000m worth of new contract p.a., adding to Bt1,400m backlog. Comment: I have questions marks over how this company wins projects. A new IPO, not much of a track record historically. Perhaps a good play on the corruption with the government. DELTA maintained 10% FY21 sales growth target as pandemic accelerates […]
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