Bangkok’s long road to recovery: The city’s reopening presents a new governor with major opportunities and long-standing challenges. Before the pandemic, Bangkok was undoubtedly a top global tourist destination, with an inexpensive cost of living and plenty of accommodation on offer. The capital welcomed 66.9 million visitors in 2019, including 24.8 million foreigners, drawing in […]
Read More →AAV to issue 8,000m new share @ Bt1.75, offering 5,028m share in PP, 1,714m share RO, and 1,257m share for CB conversion, shareholder meeting Nov 26. Comment: Finally a real recap with one of the airlines here! There will be a trading opportunity at one point. AOT sees advance booking for landing/takeoff slots tick up […]
Read More →BIZ issue free warrant (BIZ-W1) to existing holders at 10:1 GLOCON: 67.55m new shares from warrant exercise (GLOCON-W4) 1:1 @ Bt0.5/share tradable tomorrow. Comment: They’ve just acquired a meatball producer for ~THB 500 mn KBANK & TTB may report today, Bt8.24b & Bt2.09b consensus. Comment: Every bank has lower provisions, thank you BOT for allowing […]
Read More →BEM extend MRT operating hours 6am-11pm for Blue line & 5:30am-11pm for Purple from Oct 16 as curfew shorthened to 11pm-3am vs 10pm-4am prior. BCP: Social Security Office raised holding by 0.0552% to 15.0391% of total outstanding on October 12. BEYOND sees demand picking up ahead of November 1 reopening, especially at two luxury hotels […]
Read More →It’s earnings season, financials will be the first ones out of the gates. Market may be positively surprised…I’m looking fwd to reading KKP’s quarterly MD&A as it’s normally the most insightful.
Read More →BGC anticipates solid turnaround from bottling unit on recovery consumptions post reopening November 1, tailwind from holiday season, mulls diversify to total packaging solutions to balance revenue mixed. EKH may report 670% jump in 3Q21 profit, boosted by windfall from field hospital and vaccination services for both private and public sectors, while reopening from November […]
Read More →Notable Transactions Buy(s) THB 98mn JMART – And he’s still buying! Sell(s) THB 296 mn SF – Owner sells a stake to? Not to CPN this time… TWZ – Major shareholder (11%) reduces his stake by ~2%
Read More →Domestically there isn’t enough interesting news to hit 10… Thailand’s National Regulatory Authority (NRA) for vaccines reached Maturity Level 3 – the second-highest level in the WHO regulatory systems classification system – on Aug 27, according to info published on its website. BoI incentives push for ‘Industry 4.0’: The Board of Investment (BoI) approved incentives […]
Read More →ACG to open 3 new FAST FIT in BKK from late November, to complete total of 6 by end of year, plans promo in 4Q to boost sales, which should be better yoy overall. Comment: Not to be confused with a gym name, Fast Fit is their version of B-Quik/ACT ASIAN to list its subsidiary, […]
Read More →AOT said international airlines have regained more than 70% of the slots at Suvarnabumi airports, in anticipation of November 1 reopening, seeing sharp spike in travels in initial stage. ASAP sets Bt2,000m capex to acquire new cars, seeing higher demand for rental vehicles as the country prepares for reopening from November 1. Comment: I expect […]
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