2Q22 Figures
Just look at the winners, energy and financials. And that’s going to be the story for the next 6-9 months.
Read More →Author: Pon
Stocks in the news (leo, mint, proud, proen, tge, thcom, whaup) 19.08.22
LEO sees growth momentum in 2H on rising demand entering high seasonal for imports-exports, while global shopping sales by giant e-commerce in China, 2nd self-storage in Yaowarat, and 2nd container yard all to help contribute and sees 30-35% revenue growth this year. MINT sees resorts & hotels operation in Maldives and EU already surpassed pre-Covid […]
Read More →Stocks in the news (asian, bem, cpn, nrf, pr9, rml, sabina, sict, ttb) 18.09.22
ASIAN sees stronger 2H on recovery in 4 main business, boosting this year revenue to Bt11.2b, with 50% achieved in 1H. Comment: Just look at their growth in pet food BEM maintained FY tollway traffic 1.1m trips/day, MRT ridership >300k/day, reopening of Queen Sirikit Conventional Center and cod of One Bangkok Dusit Thani to boost […]
Read More →Stocks in the news (bki, chayo, com7, ea, erw, jmart, mill, ptt, cpn, spa, tu) 17.08.22
BKI sees 2H turnaround on absence of heavy Covid claims, higher investment incomes on improving mkt condition, pays dividend Bt3.5, XD Aug 24. Comment: It’ll be interesting to see how the insurance players progress over the next 6-12 months. Given that 3 players are out – bankrupt due to covid claims. Competition down, market size […]
Read More →Stocks in the news (as, egco, fsmart, global, mint, tu) 16.08.22
AS’s 2 major holders sell 73.72m shares (15.7% of total outstanding) and up to 33.83m units of AS-W2 to SABUY, expects synergy from digital ecosystem, blockchain and e-payment service while SABUY can access new clients from AS’s 100m mobile gamers account. Comment: It’s very interesting watching SABUY work. I think this has been a great […]
Read More →Stocks in the news (aot, be8, dohome, leo, mtc, psh, tiph) 15.08.22
AOT reported 6M22 (Jan-Jun) passenger traffic from 6 airports under management +170% yoy to 22.4m, +14.1m vs 8.3m travelers 6M21. Comment: What demand slowdown? The rate of change is going to look amazing til the end of 2024. BE8 sells PP 26.050m shares (11.52% of paid up) at Bt47.6/share to Keymaker Venture Capital, will use […]
Read More →Market Update 15/08
If you look at earnings season….I dare say it, it’s surprised a lot of people with far better than expected figures for most industries…remember…market share to the big boys (all listed cos). So what’s the fwd PE of a market where earnings are “growing” at an annualised rate of 20-30%?
Read More →Management Trades 08/08 – 11/08
Notable Transactions Now that earnings season is over, it’ll be interesting to see which way management, directors’ & owners will go. Buy(s) THB 1 mn N/a Sell(s) THB 3 mn N/a
Read More →WHTW Top 10: 08/08 – 12/08
Ministry ups headline inflation forecast: The continuing rise in energy prices which have raised production costs for manufacturers and the prices of goods has prompted the Commerce Ministry to upgrade the forecast for headline inflation in 2022 to a range of 5.5-6.5% (averaging 6%) from the 4-5% range (averaging 4.5%) projected in March. Bangkok Post […]
Read More →Stocks in the news (ace, true, dtac, psl, threl, tps) 11.08.22
ACE sees solid growth momentum in 2H and on track to meet >Bt6b revenue target this year, signs MOU to supply electricity to Asia Clean IE in Chonburi and to join bid for community waste power plant. NBTC board postponed decision on TRUE-DTAC merger, need more info, while consumer advocates petitioned the Norwegian embassy in […]
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