CHAYO reported Bt5.33b NPL & NPA purchased in 1H, lifts bad debts to Bt88.3b under management, target Bt100b by end of year. Comment: The industry is still going to be a boom period for another 5 years, there is just too much bad debt out. CK expects full year construction backlog reaches record high above […]
Read More →AH’s firm on record high revenue target this year, from Bt28.3b yoy, on higher orders, contributions from JV, and newly acquired 60% stake in Avee, a Malaysian auto part maker affiliated of Proton Group. Comment: Despite the odd venture into India, this company has performed incredibly well relative to its peers in Thailand over the […]
Read More →AS board approves purchase of 9.22% stake in Bitkup Online for Bt600m. Comment: Probably pushed by SABUY, buying bitkub at 20x PE…ok…and remember that SCBXXX offered thb 30-40 bn 2 years ago, found a whole lot of financial shenanigans and then walked away, so now bitkub is valued at thb 6bn…a steal!!!!!!!!! idiots.. CENTEL sees […]
Read More →BRR to cod wood pellets fuel for biomass power plant in 3Q, full quarter contribution in 4Q., sees sugar selling price remain strong in 2H from draught impact, Indonesia exports curbs. Comment: I wonder how long before the news refers to El Nino as a climate change event driven by “fossil fuels” and pollution and […]
Read More →I’m going out on a limb and will say the worst is over for the SET Why?
Read More →Notable Transactions Buy(s) THB 681 mn Sell(s) THB 453 mn
Read More →Week 26/06 – 30/06 cii.vn, dig.vn, dxg.vn, gex.vn, mwg.vn, kbc.vn, kdc.vn, hbc.vn, nvl.vn, pdr.vn, pnj.vn, pvd.vn, pvs.vn, Corporate CII VN: sold nearly 31.8 mn treasury shares at the price of VND17,757 /share with estimated value of nearly VND565 bn. Comment: Perhaps with this overhang gone could the shares re-rate? It’s perhaps one of the few […]
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