Week 25/09 – 29/09 bcg.vn, bmp.vn, ctd.vn, hdb.vn, kbc.vn, mwg.vn, nvl.vn, pdr.vn, vjc.vn, vpb.vn Corporate BCG VN: BCG Land (a subsidiary of BCG) was forced to pay VND32 bn in taxes. BMP VN: received a penalty and tax collection decision from the General Department of Taxation issued on September 13th with a total amount of […]
Read More →Extra 8 – Pure gov policies
Read More →ANAN’s 8M transfers stood at Bt8.6b, mulls year-end campaign. Comment: Not too shabby, but still it should be bankrupt given the mess that the asok project ended up being. CENTEL sees no impact from BMA’s plan to collect wastewater treatment fees next year (Bt4/cu.m for biz using <2k cu.m & Bt8 for those using >2k […]
Read More →AAV rolls out flight promotion for Chinese travelers starting from CNY 199/trip, BKK (SIA)-Shanghai CNY 299, booking open till Oct 1, travel from Oct 1 to end of March 24, aiming to capitalize on China national day & CNY in February. Comment: Let’s see if the government let’s enough of them out of the country. […]
Read More →ASIMAR wins ship building contract from Royal Thai Navy valued at Bt885m. Comment: Gov contracts kicking off. AUCT expects vehicles traffic thru auction yard accelerates as financial institution keen to purge repossessed vehicles by end of year, collab with Bank of Agri (BAAC) to open used car auction to serve bank customers, sees opportunity to […]
Read More →BANPU sets 3 years capex plan at US$2b (Bt 70b) to expand renewable port, invest in energy tech, future mining (Nickel & Lithium) carbon capture, R&D 100% ammonia burn hydrogen-based powerplant. Comment: BANPU should continue to enjoy the amazing cash flow’s they’re getting from coal, it’s going to be stupidly higher for a number of […]
Read More →A member of my team made a comment the other day that the Thai market appears to track the Chinese equity markets whereas the Vietnam market tracks the US equity markets. Depending upon your timeframe, if you do a quick correlation exercise, you’ll find it is rather accurate (again timeframe dependent). Now back to the […]
Read More →Notable Transactions Buy(s) – THB 27 mn Sell(s) – THB 16 mn
Read More →Week 18/09 – 22/09 acv.vn, bwe.vn, frt.vn, gas.vn, mwg.vn, nlg.vn, nvl.vn, pnj.vn, stb.vn, vhm.vn, vic.vn. CORPORATE NEWS: ACV VN: recorded, in 8M2023, PBT of VND6,534 bn, achieved 77% of the goal. BWE VN: recorded, in August, revenue of VND329 and PAT of VND66 bn. BWE recorded, in 8M223, revenue of VND2,321 bn (-8% YoY) and […]
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