AMATA.BK — Amata Corporation Industrial Estate Development 27.00 THB Leading industrial estate developer in Thailand and the region, with integrated utilities, solar power generation, smart city projects, and commercial developments. Market Cap (THB) 31.05 Billion Market Cap (USD) $932.4 Million Current Price 27.00 THB 52-Week Range 13.00 – 28.00 THB P/E (TTM) 8.23 P/BV 1.24 […]
Read More →Delta Int’l Holding Ltd B.V., wholly owned by Taiwan’s Delta Electronics Inc., offers $425m in zero-coupon bonds exchangeable into shares of DELTA, zero coupon with a $100m, initial exchange premium is 35% to 45% over the reference share price, which is that of the concurrent delta placement. Comment: This is an interesting development…..old school target […]
Read More →AOT: British Airways flights from LDN-BKK will return in October after paused in FY20, reservation opened on Mar 5. Comment: Who wants to fly BA? No one, its full of old white aunties that give you the worst service. But ok this is a good sign for the continued improvement in tourism to/from Thailand. BAY […]
Read More →ADVANC upbeats earning outlook from improved ARPU on eased competition, higher revenue from sim sales on surging tourists arrival, maintain mid-single digit revenue growth target, broadband M&A with TTTB expected to complete by end of 1Q. Comment: And voila…we have 3 players now (yeah yeah I know it’s only 2 NT doesn’t count, but on […]
Read More →Government to hold meeting today to assess strategy to deal with rising oil price, may consider raising natural reserve to >60d currently and look for ways to delay paying subsidies to oil traders to preserve state oil fund’s cash. Comment: Not company news I know, but these fukwits rejected the opportunity to buy more oil […]
Read More →ACG to open 3 new FAST FIT in BKK from late November, to complete total of 6 by end of year, plans promo in 4Q to boost sales, which should be better yoy overall. Comment: Not to be confused with a gym name, Fast Fit is their version of B-Quik/ACT ASIAN to list its subsidiary, […]
Read More →CENTEL sees advance booking pick up in Rayong & Trat as locals preferred short distance travel near BKK. Comment: And they’re planning to open all their F&B outlets by November. CPW sees positive 2Q sales momentum from Apple products & wearable items, firms on plan to add 7 branches in 2H, firms on 20% revenue […]
Read More →BPP cod 543mw Nakoso Integrated Gasification Combined Cycle powerplants in JPN (33.5% holding) COTTO mulls expand distribution center upcountry to lower costs and expand market share on ceramic tiles & building material products, will add grout & tile adhesive to line up, expects higher sales yoy after revamp online channel (Cotto Life), sees upside from […]
Read More →AS to launch 8-10 online games in FY21, expects download jumps from 2nd round of Covid spreads, target 15-20% next year. BCP sets Bt23b capex for FY21 to revamp cracking unit and R&D petroleum products, purges holding in Lithuim Americal Corp (LAC) for $136m vs initial investment of $36m, cap gains will be rec directly […]
Read More →AMATA said will miss 950 rai land sale target this year, as 9-10 clients postponed land purchase due to covid. Comment: No surprises here. Though yes arguably AMATA is attractive on an NAV/share basis atm. AOT reported Bt4,320m FY20 NP, ending September 30, -83% yoy, in-line with Bt4,372m consensus. Its reported a core loss of […]
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