BJCHI sees recovery in 4Q after bottoming out in 3Q, supported by Bt3.2b backlog, of which Bt400m to be booked in 4Q. DOHOME maintains FY20 SSSG target above 5%, set Bt1.2b capex to add 3-4 home improvement stores (size L) and Dohome To Go (mini store) next year. Comment: This player is going out there […]
Read More →AP: local fund, KSAM, cuts holding by 0.1724% to 4.8731% of total outstanding on Monday (November 16), SEC filing. ASIAN sees positive earnings momentum carrying thru FY21 after reducing reliance on frozen seafood, branching out to pet food, pre-cooked and ready meal, seeks M&A logistics & pet food producer to support group business. Comment: Lockdown’s […]
Read More →ADVANC to provide 5G network solution for Bosch’s factory in EEC, sees growth from IoT, remote production curling & monitoring, automated warehouse & logistic to improve productivity. Comment: I think we are underestimating the potential impact of 5G on businesses, it’s going to be far bigger than we may realise. AOT’s board omitted bonus payment […]
Read More →The combination of the BOT saying banks can pay divvy’s + vaccine news (pfizer 90%, russia 92%, now moderna 94%, next is china at 1,000%) + earnings for 3Q being o-k-a-y-i-sh is driving the markets. Now with oil finally going to make its push, there’s a lot of positives for the SET. Though I still […]
Read More →PM denies Arkhom buzz : Pick for finance minister goes to HM. Prime Minister Prayut Chan-o-cha yesterday dismissed speculation that former transport minister Arkhom Termpittayapaisith would be made the new finance minister. Bangkok Post Arkhom secures finance post : His Majesty the King has endorsed the appointment of Arkhom Termpittayapaisith as the new finance minister, […]
Read More →AKR: branch out from transformer manufacturing business to turnkey solar rooftop, aiming to capitalize opportunity from existing clients, expects big jump next year. Comment: The turnkey solar rooftop market is incredibly saturated atm…. JKN: reaffirms solid 3Q from drama content sales to Malaysia, Phil & India clients, sees positive sales momentum 4Q from media high […]
Read More →BJC: open new hypermarket branch, BIGC Mahachai 2, lift total to 151 outlets. BTS: kick-off trial run of North Green line extension (Wat Phra Sri Mahathat – Kukot) 7 stations, target cod in December. Comment: License to print money continues for this conglomerate. MBK: issues free warrants 67.79m units (MBK-W1) for existing holders at 25:1, […]
Read More →AEONTS: 2Q21np (end of Aug20) at Bt 966m +82.3% qoq, +2.6% yoy, beats Bt 836m consensus, pays interim Bt 1.85 dps, XD Oct 19. Comment: A surprise for the market, people are still paying the minimum requirements on the loans/cards. Will this lead to more excitement into SAWAD and MTC? What about 2021 when the […]
Read More →AP: reported 9M20 at Bt 24b account for 72% of Bt 33.5b full year target, maintaining launch plan 10 SDH projects worth Bt 9.43b for, Bt 23.4b out of Bt 51.97b outstanding backlog (end of September 30) to realize in 4Q. Comment: Is this what led to several of the property players to run today? […]
Read More →BANPU: completed acquisition of Barnett shale gas asset in the US on October 1, will book immediate contribution from 4Q20. Comment: Urgh….. BGRIM: signs MOU with Provincial Electricity Authority (PEA) to jointly expand SPP, smart microgrid and renewable energy. CBG: expects to report quarterly record high profit in 3Q from increase market share of Woody […]
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