The market woke up this morning with a serious flu with the whole region down 1-2%. It’s not much of a surprise given the supposed 2 weeks period that it takes for the flu to appear in people. I suspect this week will be peak fear. Should the analogy to SARS hold that by the […]
Read More →Notable Transactions Buy(s) THB 41 mn BBL – The President/CEO for the first time visibly buys shares in his bank. Sell(s) THB 2.3 bn BJC – Are they selling in preparation of an RO for the Tesco acquisition?
Read More →5G auction raises B100bn : AWN bags almost half the licence haul. Around 100 billion baht was raised in the 5G multiband licence auction yesterday with leading mobile operator Advanced Info Service (AIS), through its subsidiary Advanced Wireless Network (AWN), grabbing almost half the 49 licences of three spectra put up for auction. Bangkok Post […]
Read More →ADVANC will switch on the country’s first 5G mobile network on the 2600-MHz band after making the 1st instalment payment today for the spectrum won at this week’s auction. Comment: Lets see if there are dividend cuts AOT: airlines voice out unfair treatments following announcement of remedy package for tenants at 6 airports as airlines […]
Read More →ADVANC sets Bt10-15b 1-year capex to expand 5G network, while Fitch said 5G capex is credit neutral. AOT cuts fix rent by 20%, waives minimum payment for revenue sharing for tenants only variable percentages applied from February 1,20 till January 31,21, stretching payment terms for operators in the airport for 6 months for payment due […]
Read More →DTAC’s confident its newly acquired 26GHz (200MHz) is sufficient to cater for its 5G business, mulls commercial services in 2Q20. Comment: Doesn’t appear to be the case when looking at their share price performance, the market is probably worried about the potential continued loss of customers. GUNKUL target FY20 revenue growth >20-25% yoy, supported by […]
Read More →BAY tightens credit screening for consumer credit clients especially Gen Y who earns <Bt30k/month, see NPLs, aims to curb NPLs from cards & consumer loans within 0.3% from current 0.2%. Comments: And should this generation of consumers lose access to credit which was freely available to the previous generation. Then don’t expect to see any […]
Read More →AOT: AOT released their latest flight/passenger figures last week, and things look awful with passengers -28% for the first week of Feb, expect for this rate of change to increase for the rest of the month. The first step they’ve done to counter the drop is to reduce the landing fee and now there’s news […]
Read More →AMATA expects big-jump this year transfer of 20 hectares lands from 3 industrial estates in Vietnam, target FY20 pre-sales from 3 sites topped 37 hectares aft hit by delay permit last year, will book Bt2.1b revenue from disposal of 49% in Amata City Long Thanh 1&2 in 2H20. Comment: Harrrumpph, they’ve been touting about AMATA […]
Read More →Anything interesting over the weekend? Sure, the Government did their job and approved a budget (only 3-4 months) The 5G bids happened, hello less dividends for all shareholders. Putting things into perspective this year we have seen: A scuffle in Iran with the US taking out a prized target COVID-19 And the SET is only […]
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