BCP adds CRC’s mini mart brand, TOP’s, in retail stations, add more Inthanin café to boost non-oil revenue. JKN board approved to move JKN listing from MAI to SET, will seek SET approval. GUNKUL upbeats 2H earnings from EPC solar projects and contribution from wind & solar power port, 30mw Kenyir solar & 40mw in […]
Read More →Notable Transactions Buy(s) THB 60.6 mn RS – The Chairman pounds his fists and takes more shares in RS. Sell(s) THB 640 mn TIW – Looks like a reverse IPO in the works, with a renewable energy co taking 67% of the stake in TIW UTP – The independet director decides to dump some of […]
Read More →Schools, stadiums to open next : A panel under the Centre for Covid-19 Situation Administration (CCSA) yesterday approved proposals for a return to normalcy in the country by allowing schools, sports stadiums, public transport and meals on flights, National Security Council (NSC) secretary-general Gen Somsak Roongsita said. Bangkok Post TAT sets B296bn bar for 2021 […]
Read More →MINT says worst is over in 2Q20, 70% of hotel operations and 90% of restaurants has resumed. Comment: One would hope so. And now with their balance sheet “saved” with the recent cap raise. Each quarter for the next 16 quarters will show constant improvement. MTC sees solid recovery in 2H from school reopening and […]
Read More →CIMBT will revert to normal LLP in 2H, after having set extra in 2Q, confident of controlling NPLs at below 3.6% and emphasizing on digital lending, while fees from wealth business rose 20-25% yoy. Comment: This is the key point, now banks, excl KBANK, are going to report real numbers. SPCG target 50MW solar rooftop […]
Read More →AAV add 4 domestic routes, SIA-CNX 5 daily flights, SIA-HKT 3 daily flights, 2 daily flights for SIA-KBV and SIA-URT starting from September 25. Comment: Flights I’ve been taking are constantly full (note AAV has been changing departure times quite regularly, likely to ensure a full flight & save costs) CNT sets up renewable earnings […]
Read More →CCET reported July electronics components sales at US$293k, -0.5% yoy.EA has no plan to raise capital, as it has over Bt10b in annual cashflows, plans to reduce stake in Laos PP to 40% from current 50% for new partner. Comment: Lets see if all this investments in EV battery tech works out…I still hold to […]
Read More →Market Thoughts… Does the resurgence of the news about the Red Bull murderer lead businesses/events not working with Red Bull, shift to others and lead to higher sales for CBG and OSP? Will the spike in oil prices due to the Beirut explosion fade? Will the students protests have an impact? Or just fizzle out […]
Read More →Notable Transactions Buy(s) THB 15.8mn N/a Sell(s) THB 23.8 mn N/a
Read More →North, Isan provinces ravaged by ‘Sinlaku’: Tropical Storm Sinlaku has ravaged the North and Northeast of Thailand, bringing downpours and floods to over 1,300 households in 10 provinces. Bangkok Post Panel jittery over delay in stimulus : Resignations leave projects in doldrums. The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has expressed fresh […]
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