Market research on Thai Stocks in the SET Index
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 →AOT mulls investing Bt3b in monorail projects connecting DMK airport to BTS greenline to help flows of passenger traffic and reduce traffic congestion. Comment: Well it makes sense common sense. However the risk I see is that several travelers to Thailand already skip Bangkok and go direct to their holiday destinations. BCP to sell Bt10b […]
Read More →AOT wants airlines at BKK’s Don Mueang International Airport to switch to wide-body aircraft in a bid to ease congestion at the LLC hub, expects Cabinet approval for Bt38-40b Don Mueang 3rd phase expansion to cater for 60m, as it would reach peak capacity by 2020. Comment: In 5 years, I’ll bet that Chinese tourists […]
Read More →Notable Transactions Buy(s) THB 26 mn N/A Sell(s) THB 207 mn NOBLE – Another block sold out KTECH – Dead name ZEN – A big sell by the EVP/Director
Read More →AIE sees 2H turnaround from recovery demand for B10 biodiesel on government promotion, eyes 20% revenue growth this year. BEAUTY, ANAN, PSL, TKN, ERW may be taken off the SET100, with the arrival of AWC, Tabloid. Comment: Well 5 companies are not going to be removed because of 1 company CHAYO allots Bt1b budget to […]
Read More →Asset World Corp (AWC), a property arm under Charoen of THBEV, to acquire prime prop in BKK and key resort destinations held by the group to develop mixed-use projects and hotels in next 5 years, IPO @ Bt6, September 25-27 and go straight into SET50. Comment: ROE of 3% .. well…TCC buys property, develops it, […]
Read More →AH sells shares of JV company in Vietnam, AVAP, to Vinfast trading for Bt377m, will book gains in 3Q. Comment: From talks with folks in Vietnam, this is because Vinfast is slow with the roll out and difficult with negotiations. Most likely a prudent move made by AH. DEMCO sees strong 2H upon realizing Bt1.13b […]
Read More →ALL to boost recurring income to 20% in 5 years after investing in the New Forum Plaza, to realize Bt4b backlog in 2H, on track to exceed Bt4.5b revenue this year. Comment: And its a trend amongst all the property developers to build a recurring income asset. Those that haven’t will continue to suffer ASIAN […]
Read More →Notable Transactions Buy(s) THB 21.3 mn N/a Sell(s) THB 88.2 mn SPA – The MD and a Director sell off a stake
Read More →ANAN target 7 new projects worth Bt21.93b, 1 in 3Q and 6 in 4Q, maintaining Bt29b full year transfer, Bt19b to transfer last 4 months. Comment: It’s all back ended to the 4Q as it typically has always been for ANAN and the majority of property companies. So lets see how much damage there is […]
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