ADVANC buys 3 startup cos (Choco-Datafarm-Switt Dynamics) from INTUCH for Bt239m. Comment: Left pocket right pocket. Perhaps a little 1 time gain to be recognised by INTUCH ASIAN keeps 19% FY22 sales growth target, supported by pet food & frozen food sales, weak THB to boost revenue from exports, sees current margins at 17-18% vs […]
Read More →YTD the market is down -5%, look at the USD/THB, its down -6.9% just in the 2Q alone. Ouch…. So winners? Only the tourism names which includes the hospitals. It’s going to be a rather quiet week, US markets are on holiday, though I have a confused eye on my commodity names. Let’s see…
Read More →Note: It’s entering into blackout season as earnings are 45 days after the end of 2Q. Expect to see few major transactions Notable Transactions Buy(s) THB 332 mn GUNKUL – The founder/chairman has been on a rampage. META – No idea what’s going on here, but its a messy shareholder structure with odd share movements. […]
Read More →Industry upbeat on outlook for H2: Asia-Pacific still lags the globe as travel restrictions take a bite. The aviation industry is finally seeing signs of optimism as it tries to rebound from a major crisis, although the recovery path appears to be uneven across the globe, particularly in Asia-Pacific as a result of remaining restrictions. […]
Read More →AMR sets Bt2b revenue target, supported by Bt2b backlog, and plan to expand motorbike’s battery changer kiosk to 1,000 by end of next year. CHAYO reported Bt1.41b NPL & NPA acquired during 1H22, total distressed assets under management at Bt74.294b eo-1Q (Bt17.34b secured & Bt56.945b unsecured). Comment: Now lets see which bank will partner with […]
Read More →BDMS, who owns 95.76% in SVH, will tender for the remaining 4.24% at Bt480/share and will delist SVH from SET. BEM to hold rate for Blue Line at Bt17-42 until end of year, then raise to Bt17-43, sees no impact. Comment: I have often commented that the MRT in Singapore is cheaper than the subway/skytrains […]
Read More →ACC: purges entire holding in Saraburi Solar (SSL) to PM Energy for Bt 272.1m (2.76m shares @ Bt 98.6), transaction is expected to complete within June. ADVANC may acquire Triple T Broadband (TTTBB) to boost its internet broadband biz and level up with TRUE who is in process of merger with DTAC. TRUE has 4.7m […]
Read More →AKR aims to secure at least 10-15% of Bt3b power transformer procurement from Metropolitan Electricity (MEA)& Provincial Electricity authority (PEA) in 2H, expects demand for replacement accelerate following fire incident at Sampheng market on Sunday. Comment: Really? That fire incident is nothing, the company/news is rubbish. CKP anticipates strong 2Q/3Q earnings from higher power gen […]
Read More →ASIAN upbeats outlook from strong PET food & frozen pre-cook meal sales and tailwind from weak THB, allots Bt660m to up capacity by 6k tons in 3Q, revised up FY22 sales growth target to 19% from 12% to Bt11.2b, OEM subsidiary Asian Alliance Int’l (AAI) on track to list on the exchange this year. Comment: […]
Read More →Short term market bottom in? Just this morning the BOT finally talked about raising rates, so peak THB weakness done? Then there’s news over the weekend that China requested for 2 flights/week to Thailand. I’m still $hit scared for Europe economically over the coming months, rising energy costs in Germany is going to kill the […]
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