BBL’s firm on 4-6% loan growth target, sees lower LLP at Bt26b vs Bt34b yoy, mulls JV to set up an AMC to manager bad debt. Comment: Read between the lines “THERE IS A STUPID AMOUNT OF BAD DEBT” GFPT reaffirms solid earnings from strong poultry orders from EU to replace supply from Ukraine and […]
Read More →This is an odd situation for Thailand and the ASEAN region. On the bear side we have the increasing financial costs through rate hikes, (10 yr thai gov yield has gone from 2 to 3% this year), higher energy costs across the board, the lockdowns in parts of China and the US and the EU […]
Read More →Notable Transactions It’s been and will continue to be a quiet period for management transactions until all 1Q22 earnings are out. Buy(s) THB 80 mn THG – This director sees value after the pump and dump Sell(s) THB 10 mn N/a
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