Management Trades 21/10 – 25/10
Notable Transactions Buy(s) THB 33.3 mn N/A Sell(s) THB 14.89 mn N/A
Read More →Tag: Thailand
WHTW Top 10: 21/10 – 25/10
Aid package for property under way : 0.01% mortgage, transfer fees touted . An aid package for the property sector that includes a temporary cut of mortgage and transfer fees to a single rate of 0.01% for homes priced at up to 3 million baht will seek cabinet approval this month. Bangkok Post FTI lowers […]
Read More →Stocks in the news (bem, itd, ck, ivl, kbank, seafco, pylon, tiger, wha, whart) 25.10.19
Transport Ministry said he has full authority to revise BEM’s concession extension before the expiry date in Feb 2020. CP Group led consortium, including ITD, CK, BEM, signed a Bt224b contract yesterday to build high-speed train route linking 3 major airports, which is expected to boost economic development and create >100K jobs. Comment: And this […]
Read More →Property Stimulus Measures
So the government has come out with the another round of property stimulus measures, and here are the details: On October 22nd, 2019, the Cabinet approved a temporary reduction in transfer fee from 2% to 0.01% and mortgage registration fee from 1% to 0.01% to those home buyers of up to Bt3m/unit. It will last […]
Read More →Stocks in the news (anan, ivl, jas, ktb, tmb, thai) 24.10.19
ANAN’s a prime beneficiary of Govt’s prop stimulus, plans promo to liquidate Bt33b worth of stocks, Tabloid. Comment: Well not really, as several of their projects are above THB 3 mn IVL t/g recycling 750K tons of plastics by 2025, with Nakorn Prathom plant capable of recycling 1.65m of plastic bottles p.a. Comment: Some have […]
Read More →Stocks in the news (banpu, pace, rpc, sawad) 22.10.19
BANPU in jv with Dura Power to open Lithium Ion battery in China with 1 Gwh capacity. A debt default by PACE will likely dampen other prop developers’ ability to issue new debentures, warns a property industry source. Comment: Absolute bull$hit, AP, LH, PSH, ANAN can (and have) all easily issue debentures/bonds at rates below […]
Read More →Market Update 21/10
And just look at how quickly even a large cap such as IVL can fall. It’s their margins, the normal cycle in their industry. What has surprised me this is the continued strength in the telco sector. 3Q19 #’s are starting to come out, its going to be bad reading for most firms starting first […]
Read More →Management Trades 14/10 – 18/10
Notable Transactions Buy(s) THB 287 mn CGD – Family Trade CGH – A family trade PSTC – The Chairman continues to buy shares EIC- A director buy’s shares, could something positive happen in this odd name? Sell(s) THB 163 mn CGH – See above ALL – This director/family member is selling shares
Read More →WHTW Top 10: 14/10 – 18/10
Cabinet earmarks over Bt24 bn in subsidies for rubber farmers : Cabinet on Tuesday (October 15) approved a Bt24.278-billion budget for the first phase of income-guarantee subsidy for rubber farmers. The scheme aims to ensure 1.4 million rubber farmers have a stable income for six months, starting from this month until March next year. The […]
Read More →Stocks in the news (ait, aot, gfpt, mbk, sgp, spali) 18.10.19
AIT wins digital ticket pj from State Railway authority worth Bt920m. Comment: And IT co’s continue to win projects AOT to sell TOR for DMK airport duty-free concession Oct 24 – Nov 8, opens bid on Dec 11, drops CPN from auction on violation of TOR terms on dispute over Central Village pj. Comment: Well […]
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