I don’t think it’s been well noted that the THB has depreciated versus the USD by ~4-5% over the past 3 weeks. If you look in USD terms, the SET is only +2.3% for the year. Should there not be another round of covid noise in the country, reopening theme, thai hemp, commodities will all […]
Read More →Note: There are several “strange” companies with relatively large transactions occurring below. Notable Transactions Buy(s) THB 231 mn NMG SPALI – The family buy’s shares, its probably one of the few property companies that is continuing to perform well. Sell(s) THB 1.5 bn JWD – The COM7 owner bought into JWD, he’s been on quite […]
Read More →Insurance companies will likely stop making lump sum Covid insurance payments as the number of local cases has surpassed 200,000, leading firms to review the processes of their products, says Anon Vangwasu, president of the Thai General Insurance Association (TGIA). PM orders B7.5bn of aid: Prayut ‘unfazed’ by flak over new curbs. Prime Minister Prayut […]
Read More →ADVANC: Supreme Admin Court dismiss the CAT’s Bt2,449m damage claim against ADVANC, legal dispute is considered final. Comment: This case has been going on for a decade, should help the “overhang” on the share price. AOT 8M into this fiscal year (Oct-May its passengers fell 71.5% to 18.33m, flights dropped 51.6% to 206K flights, yet […]
Read More →APCS mulls to sell raw water business in EEC area, focus on core business, metal precision parts for auto, ventilation, optic, medical & solar business. AWC inked deal Nobu Hospitality to estimate Nobu Restaurant at rooftop of Empire Tower, target cod in 4Q, plans to add 1-2 hotels over 5-6 years. Comment: They aren’t acquiring […]
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