Chief of ADVANC’s pushing the NBTC to decide whether to approve or decline the TRUE-DTAC mega merger, noting that the agency has the legal authority to do so. Comment: The NBTC is having a field day collecting payments from all the groups. AQUA in collab with THR, a unit of THG, opens the Hills Rehab […]

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AOT’s Mae Fah Luang-Chiang Rai International Airport will be closed until Wednesday after a Nok Air passenger jet skidded off the runway on Saturday night. COTTO hikes ceramic tiles & flooring products price by 1-2% on higher energy costs, expects 2H sales fairly even with 1H, sets Bt400m budgets for efficiency upgrade, jv overseas partners […]

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What’s driving the market? Funnymentals of course, DELTA knocked it out of the park with their earnings and this name is back to being the main reason for the market racing back up. As for the rest of the names, banks have surprised analysts (they seem to be surprised often) with better than expected figures, […]

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Time for some rants and random thoughts. Disjointed spending If you’ve been walking around the 3S’s (that’s my acronym for sukhumvit, silom and sathorn) during Wednesday-Friday this week (a few weeks ago) you’d think that Bangkok is dead quiet and that there is no economic activity occurring. This just led to me thinking that we’re […]

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BJC: sets Bt 1.6b capex to up capacity of tissue & personal care products, revamp warehouse automation to save costs. Comment: I still wonder how much shrinkflation can help companies such as BJC show earnings growth. CKP: reaffirms solid 2Q from strong flow rate at Xayaburi hydro pp, higher equity income yoy after raised holding […]

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AOT: British Airways extend direct flights suspension of BKK-Heathrow route from Oct22 till Mar 23; THAI & EVA are 2 carriers offering direct flights service. Comment: # of planes in the air need to ramp up faster for a quicker recovery. Regardless, visitor numbers are going to reach 1 mn this month. BAM: to wrap […]

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Throw in the nearly -10% decline in the THB this year and the SET is down -16%. All the short term traders/investors are waiting for Wednesday night’s Fed speech – no idea why, rates are going up…and Thailand has ANOTHER 2 public holidays on thurs/fri. So it’s going to be a quiet week.

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