EGCO’s confident of growth this year, supported by 500-600MW rise in capacity, including 272 MW from Linden Cogen in the US, which will contribute from 2Q21. CHG reaffirms solid 4Q20 from strong OPF & IPD patients traffic, Respiratory Syncytial Virus (RSV) outbreak in infants and young children and tailwind from SSO patients. FSMART plans to […]
Read More →TS & BEM expect MRT ridership to recover on reopening of schools and longer operating hours of business from February 1. Comment: I wonder how long these 2 will wait before selling the lines to an infra fund. ECF sets 10-12% revenue growth target this year, on rising furniture orders, both local and overseas, sets […]
Read More →It’s only been 1 month. 1 month! What a start to the year. When looking at the the worst performers for the past 12 months, would you bet against banks? They’re given capital by the BOT to lend out and make a spread, cheaper than getting deposits. Sure NPLs and provisions will be in the […]
Read More →Notable Transactions Buy(s) THB 44.5 mn THG – The Chairman continues to buy buy buy. Sell(s) THB 74.7 mn RML – No one appears to do well with KPN as a partner.
Read More →“Myanmar’s Aung San Suu Kyi and other top leaders have been detained in an early-morning raid in an apparent “coup,†her party’s spokesperson Myo Nyunt said, a move that came after the country’s military disputed its landslide win in a November election.” Source: Bloomberg Why should those on the Thai equity markets care? You have […]
Read More →Co-pay scheme generates B70bn: Goal of the scheme is to stimulate consumer spending. Capital worth 70 billion baht circulated in the economy during the 3 1/2 months of the co-payment subsidy scheme, says the Finance Ministry. Bangkok Post Exports above expectations: Exports fared better than expected for the full year of 2020, contracting 6.1% from […]
Read More →APURE sees big jump this year from strong sweet corn, fresh fruits & vegetables exports thanks to surging demand for home cook, sees healthy margins from high utilization rate. BEAUTY sets 5% revenue growth target this year with >5% net margin, on three strategies, re-structure, re-new, and re-model. IVL sets to double its EBITDA by […]
Read More →AMATAV sees better performance than last year, expected to sell 1,050 rai of land in 2 IE in Vietnam, in talk with partner to invest in 3,000 rai IE in central Vietnam. Comment: They have never hit their targets. They haven’t done anything positive in Vietnam versus effectively every other international and domestic player there. […]
Read More →7UP: Advance Capital partner cuts holding by 11.9023% to 2.9284% of total outstanding last Friday (January 22.) Comment: And that means that this odd listed co has no major shareholder. Though someone must’ve taken the block from Advance Capital. Look at the Board, dodgy characters… COM7 teams up Shopee to roll out online campaign, Shopee […]
Read More →Banks are done, next is the rest of the market. Thoughts on their earnings? Meh. Those that provisioned heavily and early (i.e. KBANK) looked great, those that didn’t, basically the rest of them, looked rubbish. Note the loan growth figures…tepid. I’m seeing more places close permanently on my weekend drives (~within 250 km from bkk […]
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