AOT said 31 international airlines give nods to inbound flights on Phuket sandbox begins July 1. Comment: I still hold to the viewpoint that we’ll see a parabolic rise in travelers. Slow at first and then boom. IVL completed acquisition of rPET assets of CarbonLite Holding and its subsidiary in Texas, taken charge of the […]
Read More →Notable Transactions Buy(s) THB 264 mn KBANK – Ohh a family member decided to buy some shares – though I should note, that KBANK is no longer dominated by 1 shareholder family anymore, unlike SCB and BAY. PLANET – Rather strange share price movements and shareholder transaction in this name over the past 3-6 months. […]
Read More →KTC expresses interest in bidding for Citi’s consumer loan port. Comment: At the end of the day, I suspect that citi will be disappointed by the bid offers from the local incumbents as there should be overlapping in the customer base. PR9 accepts booking for Moderna vaccines, expected to arrive in July at the earliest, […]
Read More →BA anticipates it will not return to profit until 2024, though it sees investment opportunities in maintenance, repair and overhaul (MRO) services in the EEC for long term growth. Comment: MRO services are a great money maker at scale. The question is whether Thailand will be considered competitive when compared to Singapore and the Philippines. […]
Read More →IND: engineering consultancy firm, turnkey service for infra, power plant, commercial, industrial and residential development, Index International Group, debut today, 90m shares at Bt1.1 apiece. Comment: Lets see if this name still pops. INSET wins mobile phone station upgraded, green field and repeater installation for TRUE total Bt250m. SGF anticipates meaningful turnaround 4Q from improved […]
Read More →ACG expects big jump 4Q from recovery sales from new launch Honda City hatchback & City hybrid, upbeats outlook on small & mid-size auto market as consumers prudent on spending. Comment: Love Honda’s but the overall industry trend isn’t that positive yet. AOT sees 47.91m passengers next year, rising to 110.88 in 2022, before getting […]
Read More →GSB denied report that it’s paying Bt2b for 48.59% stake in AMANAH. Comment: That rumour was quickly dispelled within the day, next name is SAWAD – which hasn’t issued a press release denying the rumours. If so SAWAD may get into MTC’s business – motorbikes. AP may report 115-128% growth in 3Q NP to Bt1,330m […]
Read More →BGRIM signs Bt5.67b green loan with ADB to invest 257mw solar projects in Vietnam. Comment: This group is doing a great job getting capital and projects all over the region. BTS: admin court issue an injunction to MRTA over changes made to the ToR of Bt142.7b orange line MRT after bidders purchased envelopes, maintaining evaluation […]
Read More →AEONTS sees lower LLP from improving assets quality, sees card spending pick-up from online shopping. CKP sees solid 3Q, the strongest this year, as higher water volume boosts output and profit. FSMART upbeats 2H outlook from 3 new launch products selling via top-up machines including insurance policies in cooperation w TQM, mini-ATM service, allowing withdraw […]
Read More →BJCHI’s confident of securing 20% of contracts it plans to bid in 2H20, while current backlog stood at Bt4.2b, the highest in 5-year. CPALL may report 1st quarterly losses in 2Q20 at -Bt81m, due to 21% drop in SSSG, Tabloid. Comment: This makes me giggle. AND they want to chuck even more debt on CPALL […]
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