AMATA reaffirms 650 rai land sales target this year, sets 10-20% land sales growth target for next year, while existing Bt2,771m backlog to be gradually realized thru 2022. Comment: Do you remember the days of 2-3k rai land sales for AMATA? Long gone. BEM sees Nov toll way traffic topped 1m trips/d, avg MRT riderships […]
Read More →Not sure about everyone else but my mood to work is officially done. The next 2 weeks are probably going to see some random small companies being pumped by local investors, the regional and international funds have effectively closed their books unless the central banks decide to shock us with silly statements. It’s been quite […]
Read More →Notable Transactions Buy(s) THB 146 mn JMART – Look at that! I guess he really doesn’t want BTS to have as many shares as him or he just believes in the upside potential… Sell(s) THB 42 mn N/A
Read More →2 ballot change ‘problematic’: Rule rewrite may leave small parties frozen out of new system, critics say. The process to revise two organic laws on the election of MPs and political parties to reflect charter changes has begun in earnest. Bangkok Post Narongsak courted as new city governor: A source in the Palang Pracharath Party […]
Read More →LH reported acquisitions of the SpringHill Suites by Marriott in Anaheim CA, US, a 120 rooms on 2.07 acres land from DKN Hotels for US$ 31m (Bt 1.056b), the property is just 2 blocks away from Disney Land. Comment: On price/key basis that’s ridiculously good. MC seeks to expand MC outlet in PTT retail stations […]
Read More →AJA signed MOU with China Mobile International (TH) to joint operate Mobile Virtual Network Operator (MVNO), smart city, modern tech and various aspects of smart solutions. Comment: Seriously? What has this company achieved over the past 5-10 years with any of its announcements? AOT: Jetstar Asia gets nod to operate 5 weekly vaccinated travel lane […]
Read More →Ascend Money, a digital payment and financial service unicorn of CP Group’s online business arm Ascend Group, has set its sights on becoming a top three player in the segment within Asean and is looking to expand its foothold in South Asia. Comment: They will look to go public at one point. BGRIM to enter […]
Read More →Notable Transactions Buy(s) THB 467 mn OSP – And he’s back to buying the family shares. This fellow isn’t really part of management, acts more like an investor. JMART – Adisak is still buying it up! He’s publicly said 70 is his target… TTA – Shipping is still going to rock and roll, just wait […]
Read More →These start stops for the economy just exacerbate what my continuing themes. I have no idea what the market is going to do for the next week, there’s only 3 trading days due to the holiday season in Thailand already starting and liquidity is going to be light thereby implying either nothing happening or any […]
Read More →More EV incentives: The Finance Ministry may consider lowering the import duty on electric vehicles (EVs) as part of the measures to promote the use of EVs, says a ministry source who requested anonymity. Thailand’s EV import tax rates vary. EVs imported from China enjoy a 0% tax rate under a bilateral agreement between Thailand […]
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