BTS & BEM are expected to benefit from surging ridership on Blackpink concert this weekend Jan 7-8. Comment: News is reallllllllllllllllly lacking this first week back. CENTEL sees advance booking from Chinese travel agents accelerates ahead of China border reopens. Comment: Would be good to know what % this is of total bookings. EKH sees […]
Read More →Gulf eyes indirect route to taking over AIS: Firm aims to pursue further restructuring. SET-listed Gulf Energy Development is expected to pursue a further restructuring of its telecom business portfolio this year, which will include becoming the direct major shareholder of leading mobile operator Advanced Info Service (AIS), according to a market analyst. Thailand’s biggest […]
Read More →AEONTS anticipates solid 4Q22 (eo-Feb23) driven by higher card spending from shopping tax rebate stimulus, lower LLP after purged bad debts last year. Comment: It doesn’t seem to what how slow or fast the economy is growing, AEONTS continues to grow its equity year after year. ALL defaulted on a bond’s Bt10.7m interest payment yesterday, […]
Read More →BCP said no conclusion to report takeover of ESSO, while the latter offered no comment. Comment: ESSO has been a potential takeover target in the news for the past decade, I think this is the 5th time I’m seeing it. JMT sets Bt10b capex to add bad debts this year from current Bt300b under management, […]
Read More →DELTA roared it’s way up to ensure that the SET finished the year up, it’s going to be amusing to watch the SET defend its weighting in both the SET and SET50. DELTA – now a 5% weighting, the second largest on the SET and returned 100% last year! Do some #’s and you’ll see […]
Read More →Notable Transactions Buy(s) THB 1.4 bn Sell(s) THB 23.5 bn
Read More →Random Thoughts The wonderful thing with flying is that brain farts/dumps occur more often. So, my punjabi MC’s, here we go… New Cities For the past few years, and mainly due to the listening to Scott Adam’s who has commented that the development of new cities (see the Saudi idea) is going to be the […]
Read More →Week 12/12 – 16/12 hax.vn, vhc.vn, hah.vn, fcn.vn, nvl.vn, tvb.vn, kdc.vn, kdc.vn, kido.vn Corporate FCN: FECON secured VND400b contract in Haiphong seaport (Baolaodong) HAH VN: estimated, in 2022, to reach VND3,145 bn in revenue (+61% YoY), exceeding 32% of the year plan. Net profit is estimated at VND835 bn (+87% YoY), completing 152% of the […]
Read More →ANAN: reported disposal of subsidiary, ADC-JV28 co., for Bt2.61b, expects to book Bt506m gains in 4Q. Comment: So they couldn’t complete the project and had to sell early to raise cash? EGCO: signed MOU with Hitachi to joint develop EGCO Rayong smart city in EEC area. ITC: establish subsidiary in China to expand pet food […]
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