ASIAN upbeats outlook from strong PET food & frozen pre-cook meal sales and tailwind from weak THB, allots Bt660m to up capacity by 6k tons in 3Q, revised up FY22 sales growth target to 19% from 12% to Bt11.2b, OEM subsidiary Asian Alliance Int’l (AAI) on track to list on the exchange this year. Comment: […]
Read More →Short term market bottom in? Just this morning the BOT finally talked about raising rates, so peak THB weakness done? Then there’s news over the weekend that China requested for 2 flights/week to Thailand. I’m still $hit scared for Europe economically over the coming months, rising energy costs in Germany is going to kill the […]
Read More →Notable Transactions Buy(s) THB 422 mn GEN – The CEO, becomes the largest shareholder increasing his stake by +15%. NATION – There’s a new major shareholder in town at this fledging paper. SPALI – Husband & wife keep buying. SUPER – CEO keeps buying, he’s been doing so non-stop for years. Sell(s) THB 70 mn […]
Read More →Soft loans to grow EV chargers: The government looks set to offer soft loans to small and mediumsized enterprises (SMEs) and startups that want to invest in charging stations for electric vehicles (EV), a move aimed at increasing domestic EV purchases. Bangkok Post Woo factor: The TAT wants to entice a half-million Koreans to visit […]
Read More →BBLAM, fund manager for JASIF, said its retail lease agreement is to be renewed every 3 years, as of now the conditions remain unchanged, including rev and dividend, while no impact from inflation and interest rate, Tabloid. Comment: JAS group seem to be playing around with all the co’s DOHOME sees double digit growth in […]
Read More →AP reported 5M22 SDH & townhome sales at Bt16.8b, +23% yoy, account for 45% of Bt38b horizontal projects sales target, maintaining 16 launch plan in 2H total Bt15.04b. Comment: No reason to be surprised, its a market share game, private comp is gone, ap/spali/lh/psh are gaining their market shares back in sdh/th BRR upbeats full […]
Read More →AOT: Air Canada confirmed schedule seasonal flights from December 1, 22 to April 17, 23 from Vancouver to BKK, 4 weekly flights by Dreamliner. BGC mulls revising up FY22 sales target by 6-7% on surging demand for bottles, food packaging and corrugated cartons supported by longer operating hours of night entertainments, more eat-out as curbs […]
Read More →JAS: vulnerable from 32.8% holding in JTS as share price -82% from peak at Bt594 in April to current px at Bt104/share following crypto rout, Tabloid. Comment: What’s amusing that is JAS didn’t move when JTS’s share price was at 400, however now that JTS is in the process of finishing its christmas tree chart, […]
Read More →DOD reaffirmed 20% revenue growth target this year to Bt1,220m, on plans to exports >50 hemp supplements, sets Bt180m capex to expand warehouses and boost productivities. Comment: The quality of TH’s hemp supplements are rubbish due to the FDA requirements on the low THC levels. Barely has any medical use cases. GLOBAL forms venture with […]
Read More →Just have a look at the USD/THB since covid started, THB is now -17% And what is green for the year? Only the MAI and tourism names. Ouch. The government here has decided, similar to some silly Western Governments, to potentially cap the profits of the refiners….great…where was the government when these guys were losing […]
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