Bank & Finco expected to purge bad debts >Bt170k from total Bt500b NPLs in the system, Tabloid. Comment: Debt jubilee? The conspiracy theorists will have a field day with this. BKI stops selling Covid-19 insurance as entire budget coverage fully subscribed. Comment: Members of my team bought some, why? They called it a lottery, spend […]
Read More →ADVANC’s granted 5G certified operator from GSMA, the 1st and sole operator in Thailand. BANPU sets $600m 5-year capex for gas and renewable energy. Comment: I question this investment strategy….maybe because I just want to find a pure coal player… BGC sees strong bottles order yesterday as demand for exports to US & India grow […]
Read More →BAY expects 1Q loan growth shrink more than 10% yoy, sees sharp declines in new home sales, roll-out refinance package to draw mortgage clients. Comment: 1Q20 is a recession quarter, 2Q20 is still up in the air, 2H20 is, I suspect, a recovery period, and 1Q21 everyone will look amazing compared to the year before […]
Read More →ADVANC, DTAC, TRUE, TOT, CAT are expected to submit bidding for 5G licenses today, qualified bidders will be announced on February 11 and auction begins February 16 Comment: WHERE’S JAS? IHL wins contract to supply leather to US footwear, KEEN, production starts 2Q, expects to wrap up additional 4 contract this year. IVL cod 440ktpa […]
Read More →BAM may report Bt12b FY19 prft, +122% yoy and pay Bt1.3 dividend or 5% yield, and thrive in weak econ, Tabloid. Comment: If you think this should be trading similar to JMT then its worth 2x. But do realise that BAM’s business model is different. D’s appointed by Carl Zeiss Meditec AG to be sole […]
Read More →AMATA signs consortium with Dept of Urban and Housing and Development (DUHD) to develop smart city in Yangon Myanmar, AMATA will hold 80% of the projects. Comment: The share price has finally come off (with the market) but I still wonder where are these land sales? BBL no cash call plans for Permata acquisition, seeks […]
Read More →BANPU BANPU says more than ten investment funds expresses interest in its shares during a roadshow in Japan, supporting its outbound expansion plan. It will continue to do roadshows abroad this year and detail its strategy “Greener & Smarter”, confirming its growth performance and leadership of the integrated energy business in Asia-Pacific. (Kao Hoon, 16/1/19) […]
Read More →AAV AAV’s CEO plans to launch 10 new routes, nine international and one domestic. The company is targeting key potential markets such as China and India. (Thun Hoon, 7/12/18) Comment: They are just going to dominate the region with their lower costs. Again oil prices are key. BANPU BANPU is expanding its investment in a […]
Read More →BA BA expects 2Q18 revenue to be good, with advanced bookings up 11 .%The company plans to raise its revenue growth target for 2018 to 7-10 %and continue to expand codeshare with other airlines .It expects cabin factor to reach 70 %this year and will expand its fleet to accommodate more flights to Chiang Mai. […]
Read More →Notable Transactions Buy(s) THB 96.5mn ICC – I have been thinking there is an opportunity within the Saha Group companies with all the restructuring taking place..but good luck trying to build a decent position given liquidity.. Sell(s) THB 839.8 mn TFMAMA – Looks like the big owners have been selling off the market, if anyone […]
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