Management Trades 31/07 – 04/08
Notable Transactions Buy(s) THB 3.5 mn Sell(s) THB 9.8 mn Likely dead quiet for another week before the action starts again.
Read More →Author: Pon
Random Thoughts: Tiktok, NUSA/WEH, Cafe Amazon…
Nikkei Article on TikTok Link: https://asia.nikkei.com/Business/Business-Spotlight/TikTok-takes-on-Shopee-Tokopedia-in-ASEAN-e-commerce-race?del_type=1&pub_date=20230804190000&seq_num=3&si=d6ecb5fd-ddcf-4e12-b251-586e01641053 Other than twitter I don’t really bother with any social media platform, but I’ve heard from several friends doing retail in Indonesia and Thailand that they’re focusing more and more on TikTok for fast selling consumer items. So what? Pay attention to the impact on Shopee and the physical […]
Read More →Stocks in the news (asw, sprc, thani) 04.08.23
ASW: forms venture with Tokyo Tatemono to joint develop Bt2b low-rise project, Kave Coco Bangsaen, adjacent to Burapa university. Comment: An underrated seaside town. Makes sense, there is a lack of decent residential development along the seaside there. SPRC: anticipates 3Q turnaround after hit by stock loss and poor GRM in 2Q. THANI: expects low-key […]
Read More →Stocks in the news (age, as, auct, ihl, jasif, kcg, ktb, noble, tkn) 03.08.23
AGE is open for talks with new business partners, on 3 main businesses, logistics, alternative energy, and other sustainable business, after securing a 23.45% stake in QTC, sees growth in 2Q, especially coal business, after recoding 1.06m tons sales in 1Q, on track to meet 5.2m tons FY23 target. Comment: Coal demand isn’t disappearing, it […]
Read More →Stocks in the news (all, bdms, ea, ekh, grammy, pttep, spa, synex) 02.08.23
ALL reported Bt263.67m default on debt payment with KKP. Comment: It’s a dead man walking, should be bankrupt. BDMS targets 6-8% full year revenue growth driven by higher fly-in patients from Middle-East, CLMV and China, target 2H OCC above 67% from 62% in 1H on seasonal, broader segment coverage from health insurance & SSO. EA […]
Read More →Stocks in the news (anan, awc, imh, scc) 31.07.23
The BMA said ANAN may not have to tear down its Bt6.5b Ashton Asoke condo, after Supreme Admin Court has revoked its construction permit, if it can secure extra piece of land to widen the entrances and re-apply for a permit. Comment: Voila, mentioned yesterday (https://www.thaicapitalist.com/random-thoughts-shingles-kill-the-bastard-vietnam-anan-thai-politics/) AWC acquires Plaza Athenee NY for Bt7,789m, with rights […]
Read More →Market Update 31/07
+3.5% in a month. It will keep going.
Read More →Management Transactions 24/07 – 28/07
Notable Transactions Buy(s) THB 210 mn Sell(s) THB 2 mn
Read More →Random Thoughts: Shingles, Kill the bastard, Vietnam, ANAN, Thai politics
Shingles: 8 days of migranes & 5 bed ridden days, sleeping 12-15 hours/day and now I can semi open my right eye and stare at a laptop again for more than 5 mins w/o screaming pain. I kicked covid 2x in 3 days, but this shingles is next level. I’m still likely quaratined in a […]
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