24CS: building engineering contractor specialize in electrical, air vent, telco and sanitary system, 24 Con & Supply, debuts 130m shares at Bt 3.4/share, UOB leads. Comment: Now that’s an IPO! ASIAN upbeats outlook from accelerated OEM pet food orders as international clients expand house brand products to boost margin, sees tuna & seafood business remained […]

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BJC mulls adding Covid medications via 146 branches of Pure Pharmacy and Siri Pharma nationwide after National Communicable Disease Committee allowed hospitals, clinics & drug stores can procure Covid medicines from September 1. Comment: Coming to you from the family whose insurance company screwed over their customers TH meat producer, Betagro, to raise Bt20b (US$554m) […]

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AH keeps 30% FY22 revenue growth target, maintains GPM within 10-12% range, strong auto parts orders for new launch models, new clients in Africa & Argentina, improved operation in Vietnam & Malaysia plant and auto dealership business to boost earnings, study new products to shift from chassis production to EV parts. Comment: Should that forecast […]

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CBG anticipates wider margins this year from full year contribution of new canning plant, improved econ of scale from larger OEM bottling orders, will add 1 new functional drink under C+Lock range, package subsidiary, APM, to cod paper containers 1Q21. CHO signs MOU with Thailand London taxi operator, Asia Cab, to jointly develop PEV and […]

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ARROW anticipates FY19 turnaround driven by recognition of Bt1b backlog from electrical conduit orders for infra and bldg. pj and lower SG&A, sees additional pj coming in the pipeline 2H. CHAYO in talk 4-5 financial institution to buy NPLs, t/g additional Bt2b loans in 2H from current Bt41b total loanbook, firms on 25% rev growth […]

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JWD JWD invested Bt315.73mn: Bt146.57mn to buy 40% of Bok Seng shares and Bt169.16mn to take a capital increase by PPSEZ, which operates a logistics business in Cambodia worth. (Kao Hoon, 12/6/18) Comment: Curious as to how this fits in within the group’s overall plan or if these are just opportunistic acquisitions¬† KTIS KTIS expects […]

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JFinCoin & JMART I wanted to give this a few weeks before writing about it to see if there would be anything positive. Unfortunately for them not, the ICO performed poorly and is down some -50% from its initial offering price. The perfect world scenario was that it would pop well on the first day […]

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CPF/CPALL Twice this past week, CPF let the market know that part of its exchangeable bonds issue in 2016 were exercised and converted into CPALL shares. Background: USD 300 mn exchange bonds issued in Sept 2016, bondholders can exchange 90,100 CPALL shares for every USD 200,000 of the bond principal (THB 77.34 per CPALL share […]

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Notable Transactions Buy(s) THB 56.8 mn N/a Sell(s) THB 1.4 bn WORK – A block trade done by the founder/major shareholders to investors TF – Seems to be something going on with Sahapat related companies SUC – See above

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