CPALL to sell 3 tranches of CD rating A+, interest rates w/in 3.55-4.4% range, open for subscription on Oct 9-11 & Oct 26-30. Comment: It’ll be interesting to see if CP(take)all’s CD’s easily sell out – of course we all expect that it will. CRC to launch wholesale business, GO Wholesale, in Oct to boost […]
Read More →ADVANC sold 33.33% of e-wallet Rabbit Line Pay to Line man (TH) & Line Company (TH), VGI also purged 33.33% to both parties. Comment: Looks like digital wallets and all these “fancy” things actually don’t make $….who woulda thunk it. BAFS maintain 4.2b FY jet refueling volume target +40% yoy from 2.99B FY22, sees rev […]
Read More →CKP sees 3Q turnaround from improved flow rate at Xyaburi & Nam Ngum hydro power plant on rainy season, mulls develop windfarm in Vietnam to capture demand for power. CPF bought back 4.22m shares @ Bt20.4-Bt20.5 on June 8, taking total to 123.74m or 1.44% of paid-up. The scheme ends June 18, for max 200m […]
Read More →BBIK to speed up expansion in Vietnam, boosted by Vietnamese Government’s push for digital transformation, sets Bt50m revenue and oversea revenue contribution to 10-20%. Comment: These companies, BBIK, BE8, DITTO, have to continue growing at a tremendous rate to maintain their valuations.. CCP sets Bt2.5b revenue target this year, Bt1.6b backlog, of which Bt1b will […]
Read More →AAI: ASIAN’s pet food unit, Asian Alliance International, debut IPO 637.5m shares at Bt 5.55 apiece, Tisco & UOBKH joint-leads. Comment: And that’s how you do an IPO pump. BBL: expects FY22 loan growth near double digits vs 4-6% previous projection, target 2-4.5% for FY23 (1-1.5x of FY23F GDP growth), NPL & provision likely to […]
Read More →So the news is out. Let’s just go straight to the hotel stocks. Thoughts: This too shall pass. It’ll probably end up being another good trade/buying opportunity. Difference is that the base of tourism numbers is higher compared to 2015 If the epidemic worsens…losing money on a hotel stock will be the last of your […]
Read More →AMA expects to wrap up M&A logistic co in October, to branch out from sea freight to onshore logistic. Comment: Ships are rocking atm and I think you’ll see far more upside in the coming quarters-years Association of Investment Management companies mulls pulling off investment in JAS following mgt scandal on insider trading in JTS. […]
Read More →BBL: anticipates 2Q turnaround after loans shrink 1Q from corporate re-payment expects NII recovery from bancassurance and mutual fund business, maintain 4-6% full year loans growth target, Bt 20b LLP flat yoy. Comment: They are the best bank atm….a race to the bottom for the industry? BJC: sees positive earnings momentum 2Q from additional packaging […]
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