DTC signed hotel management contract with Kuwait real estate co., Al Fajer International Holding, to mgt Dusit Princess Mahboula Kuwait, comprises of 180 rooms plus 70 serviced apartment, target cod 4Q23. Comment: These deals are still happening throughout the world. People here don’t understand that travel is relatively normal within parts of the UAE/pakistan/turkey/greece etc […]

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AIRA sells 20% stake in leasing unit to NEC Capital, an affiliate of Sumitomo Mitsui Finance & Leasing co. Comment: Just looking at their numbers you can see that the company has to raise capital. AMATA sets 950 rais land sales target next year, sets Bt4-5b capex.BBL, KBANK, KTB and TMB delay plan to purge […]

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CPF sees the highest net profit in 10 year this year. after recording Bt19.6b in 9M20, while expecting to book Bt2b gain from acquisition of swine business in China. Comment: One and done. CRC expects to return to pre-covid next year, while acquisition of COL will boost overall revenue up 4-5%, sets Bt10b capex for […]

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AIT revised up FY19 revenue target to Bt7b from Bt5b after clinched Bt3b 1H19, Bt9b backlog to realize till FY21, expects to win additional BB & core network replacement projects from current Bt2b bidding. Comment: So perhaps the entire IT sector shall recover again GGC upbeats 2H earnings from larger client base and wider use […]

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Notable Transactions Buy(s) THB 121 mn BDMS – Despite the family selling in the past, this director is buying more shares BEM – Boom the family buys shares Sell(s) THB 67 mn WP – That’s quite the sale by the acting CEO THG – A rare sale by the owner!

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Notable Transactions Buy(s) THB 83.9 mn WP – The Acting CEO bought 1.5% of the shares Sell(s) THB 1. 9 bn NOBLE – All over the news in the past 2 weeks, the nephew has returned to buy back shares from his uncle and he’s brought BTS group with him ROCK – A big lot […]

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BA to expand CLMV routes this yr, as it invests Bt1.815b in the purchase of 2 aircraft, sets 3.5% rev growth t/g, 3% psx growth to 6.16m, bids for duty-free concession with 2 partners. Comment: Valuation wise it is cheap given the holding of BDMS. And this is shown in the share buyback program. But […]

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ABM ABM expects to boost earnings after a loss in 1H18. Management says sales volume has reached target of 280k tons. Sales volume of Wood Palace factory was 60K tons in 1H18. It has budgeted Bt70mn to build 5K tons production capacity. It expects sales volume will peak in 2020. (Thun Hoon, 1/10/18) ADVANC, JMART […]

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