CKP sees 3Q turnaround from improved flow rate at Xyaburi & Nam Ngum hydro power plant on rainy season, mulls develop windfarm in Vietnam to capture demand for power. CPF bought back 4.22m shares @ Bt20.4-Bt20.5 on June 8, taking total to 123.74m or 1.44% of paid-up. The scheme ends June 18, for max 200m […]
Read More →AGE: credit rating upgrade to BBB- from BB+, outlook stable at TRIS rating. Comment: Wait didn’t stark have a credit rating of BBB+? Love you TRIS EA keeps 50% revenue growth target this year to Bt40b, firms on delivery plan of 4K EVs this year, in talks with ASEAN over EV bus exports, and boost […]
Read More →AOT reaffirms solid start 1Q24 (Oct-Dec23) driven by full flight slots for IATA winter schedule starting from last week of Oct till last Sat of Mar. AP reports Bt18.8b 5M23 presales, account for 30% of Bt58b target this year, plans 38 projects in 2H worth Bt51.8b, firms on Bt57.5b transfers this year and Bt37.5b backlog. […]
Read More →AMATA to build its 2nd TH-Chinese IE in Rayong, valued at Bt2b, to serve mainland investors and support EV and battery manufacturing pjs. Comment: Sigh….I just hate that this is the direction the country is taking. But hats off to Amata, they’ve been able to capture the Japanese and now the Chinese manufacturing co’s expanding […]
Read More →Prayuth is not an idiot, he’s been in control of Thailand with his buddies for the past 9 years. Anyone in charge of a country for that long has to be one wily clever sob. But has this incredible intelligence translated into an amazing stock market performance for Thailand? The clever folks here have conducted […]
Read More →And our favourite head-chopping camel riders have decided to push the oil price narrative higher by announcing cuts and adjustments until 2024.
Read More →Notable Transactions Buy(s) THB 179 mn Sell(s) THB 985 mn
Read More →Week 29/05 – 02/06 anv.vn, ctg.vn, eib.vn, gmd.vn, kbc.vn, nvl.vn, vcb.vn, vhm.vn, vjc.vn, dig.vn, phr.vn, vnd.vn Company News ANV VN: sets, in 2023, revenue target at VND5,200 bn (+6% YoY) and PBT target of VND500 bn (-35% YoY). Also, ANV will pay a cash dividend in 2022 at the rate of 10% and plans to […]
Read More →ANAN in collaboration with KME Prop to enter Myanmar luxury segment, sets Bt300m presales target. Comment: Are they nuts? Money laundering? Isn’t there a war still going on there? So ANAN is happy to provide Burmese generals an overpriced piece of real estate? BBL to raise lending and deposit rates by 25 bps today, to […]
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