GRAND: PAR changed to Bt 0.5 from 1, effective today. Comment: It looks like the old trend of whenever a stocks does a par split in thailand => upside, is gone. Several occurred over the past few years with minimal impact. But this trend still works in Indo, time to shift capital there :p GULF […]
Read More →ACE signed PPA with EGAT for 8 community PP with 50MW capacity, to spend 10 months on construction, ready to bid for 400MW in 2nd phase. Comment: Are you ready to see ACE win most of the 2nd phase? NBTC’s summoned ADVANC to meet today to explain the downing of its mobile and fixed internet […]
Read More →BAM received a proposal from one bank for NPL & NPA port, confident of securing >1 JV deal with banks to set up AMC in 1H22, in talks with 4-5 banks, sets Bt9b capex. Comment: The listed players JMT CHAYO and BAM should have a great 5 years. CENTEL said OCC at its hotels in […]
Read More →Financials & commodities. Still am utterly confused re PTTEP….local insti’s do something. A large cap that grew EPS by ~70%, expected EPS growth this year of ~30-40%, trailing PE of 12x, yield of 4%, in the words of J. Biden, “c’mon man” Though I do wonder if the property names will rerate from their “low […]
Read More →There’ll be nothing of note until all 4Q/FY #’s are out. Notable Transactions Buy(s) THB 0.8 mn n/a Sell(s) THB THB 5 mn n/a
Read More →OIC assures on insurance: Commission seeks to restore public confidence in the industry reeling from the prolonged Covid-19 pandemic. The Office of the Insurance Commission (OIC) has vowed to tighten its supervision to restore public confidence in the industry, which has been hit by cash crunches during the prolonged pandemic. Bangkok Post MOF reported TH […]
Read More →AMATA anticipates strong industrial land sales at 410 hectares Amata Smart & Eco City in Natuey, Luang Namtha province supported by improved accessibility via high-speed rail Laos-China, FDI relocation from unrest in Myanmar, 3,750 acres in Amata Chonburi & 960 acres in Amata Rayong able to accommodate FDI demand, target 400 acres land sales this […]
Read More →ITEL: expects to wrap up hyperscale data center lease deal by end of March, upbeat outlook aft teams up with AU partner, Etix Everywhere. Comment: So a REIT for its data center and ETIX is buying out AIT and WHA in one of their data center co’s MCS: reassures solid 1Q from steel module transfer […]
Read More →ACE, TPCH, UAC to bid for community PP phase 2 with 400MW later this year. Comment: Who wants to take the over/under that the police related ACE are going to win the majority of this? CRC to invest Bt100b over next 5-year to grow revenue by 2.5X, EBITDA by 3.5X, and market cap by 2.5X. […]
Read More →ADVANC: 4Q21 NP of Bt6,863m, -4.2% yoy, +7.7% qoq, topped Bt6,628m consensus, yoy drop was mainly due to a higher cost of service ex. IC of Bt21.7bn (+6% yoy, +1.1% qoq) from an amortization of 700MHz and 2.6GHz spectrum licenses acquired in 2021. Sets FY22 capex within Bt30-35b, target mid-single digit growth for services revenue, […]
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