ESSO sets Bt1.2-1.5b capex to boost total petrol stations to 700 next year, and to improve efficiency at its refineries. Comment: That’s interesting, normally this company is fairly/slow quiet in terms of petrol station expansion. With PTTOR IPO’ing its could potentially be a blood bath in the industry in terms of declining ROIC’s per new […]
Read More →AMATA anticipates 2H earnings recovery HoH from improved recurring income and utility sales from IE as activities increase posted reopen, upbeats L-T outlook from increasing production base relocation and diversify land portfolio across CLMV. Comment: They wish that they were as clever/aggressive as WHA to expand into recurring income businesses CHAYO estimate asset management subsidiary, […]
Read More →ALT upbeats future earnings after branching out from telcos network infra business to traffic management software, sees increasing demand for automatic number plate recognition for parking-lot & traffic monitoring, eyes 500 licenses sold by end of 1H21. AUCT anticipates solid 4Q after raised entry fee on vehicles enter the auction from Bt8k to 9k/unit, improved […]
Read More →A month ago I had heard a rumour regarding TKN potentially being acquired by an MNC. A: Initially I thought the the price movement on the 29th September when the share price moved to 11.50/baht (from 10) intra-day was the beginning of the move. Over the next few days we realised that this wasn’t the case […]
Read More →ADVANC to boost revenue from digital entertainment app, AIS Play, above Bt1b within FY22, sees opportunity from large subscriptions base. Comment: I use their service ~4x a year to watch sporting events and stream it to my TV (as I did last night with the French Open), I don’t see how normal TV channels survive. […]
Read More →I think the ST bottom is in for the market. Why? I still think commodities are ripe to take off for the next 3-5 years. I think the death of the banking/property sector has been priced in. I think that telco’s are going to stop fighting one another. When the above 3 sectors move the […]
Read More →Notable Transactions Buy(s) THB 264 mn ALT – The President and the Director take a combined ~5% additional stake in the company Sell(s) THB 529 mn TQM – The founders sell out via blocks to institutional investors. TKN – Interesting that sister of the founder is selling.
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, […]
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