ALLA expects strong machineries sales 2Q from small & SME segment aft appointed by YALE to be sole distributor of crane & hoist in TH, automated warehouse projects for CPALL to deliver in 2Q, chem complex projects bidding result out 3Q. BCP mulls listing of OKEA in Norwegian Exchange in 2Q, raising funds for exploration […]
Read More →It’s going to be wild ride for equities in the emerging markets this month and in August. Why? China’s equity weighting within the MSCI Emerging Markets indices will be increasing from 5% to 20%. Source: MSCI What it was only 5% in the past? Yes, according to MSCI “The 5% initial inclusion of China A […]
Read More →Rebound in Chinese tourists lifts airport passenger numbers : The number of passengers travelling through the six airports run by Airports of Thailand (AOT) reached 38 million in the first quarter this year, up 4.49 per cent over the same quarter last year and largely driven by a rebound of Chinese arrivals, according to the […]
Read More →The Int’l Finance Corp (IFC) will work with AMATA, a provider of smart cities and industrial zones, to develop sustainability pjs in Thailand and the broader Mekong region. Comment: I still have question marks over AMATA and the EEC story. It isn’t happening unless the PPRP can force it through a weak coalition government AYUD: […]
Read More →AIMIRT to buy 4 assets combined worth Bt4.3b including JWD cold storage, TIP cargo warehouse, Siam Chem’s chemical storage and cargo warehouse in Bangkradi Industrial Estates Comment: JWD has a great story, the question is valuation. AOT said repair at Suvarnabhumi’s East runway had been completed. ERW expects earnings momentum remain strong thru 3Q from […]
Read More →BA has named South Korea’s Lotte as its partner to vie for concessions to operate duty-free shops at BKK’s main airport and 3 regional ones. Comment: Lotte has been vying for a spot in Thailands duty free market for years just look @ the mall they invested in next to RCA BGRIM sees erngs bottom […]
Read More →AOT said passengers thru its six airports reached 38m in 1Q19, +4.49% yoy, largely driven by a rebound of Chinese arrivals. Foreigners travelers 23.194m +5.3%, domestic passenger 15.539m -1.2% yoy. Comment: Just wait for next year’s numbers, I wouldn’t be surprised to see another +20% jump in Chinese tourists AU target 15% revenue growth this […]
Read More →Button down, tighten those seat belts, we’re going to see the aftermath of the Coronation of His Majesty the King. What is going to happen on the 9th May? Despite my personal opinions it looks like Prayuth et al shall be forming a weak coalition government. But could there be a twist? Let’s see, volatility […]
Read More →Notable Transactions Note: It is the silent period for most PLC’s hence the lack of trading activity Buy(s) THB 5.1 mn n/a Sell(s) THB 2.7 mn n/a
Read More →Uproar as EC found in error again : Doubt rising over entire election: critics . The Election Commission (EC)’s credibility has come under scrutiny yet again after it announced incorrect results for a recount on Sunday in a Nakhon Pathom constituency, held to “correct” a tally that had been questioned. The Nation FPO cuts 2019 […]
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