Ouch ouch ouch, nothing good happening in the market unless its tourism related…or DELTA…market is -4% for the year in thb, close to -7% in usd terms. So, when pre-election rally news? Brokers started it a month ago before being hit by the sell off in global markets… FY 22 earnings were, AWFUL, for the […]
Read More →Notable Transactions Buy(s) THB 279 mn Sell(s) THB 287 mn
Read More →Week 06/03 – 10/03 Country Corporate bwe.vn, dgc.vn, kbc.vn, msn.vn, mwg.vn, nt2.vn, pow.vn, ree.vn, tdm.vn, vic.vn, vhm.vn BWE VN: targets, in 2023, revenue of VND3,970 bn, PAT of at least VND720 bn (-14% and -3% respectively YoY). The company expects a dividend rate of at least 13% of charter capital for 2023. DGC VN: sets […]
Read More →NBTC board is expected to consider ADVANC’s plan to acquire 3BB and JASIF mid-April. Comment: Non-event, it’ll go through.. BBL sees 4-6% loan growth target from large corporates and oversea loans, strong 261% reserve ratio. Comment: Would you have ever imagined that BBL is beating KBANK and SCB in all metrics? BEM target 8% FY […]
Read More →BRI reported 2M23 residential sales topped Bt2b, maintains launch plan 20 projects total Bt22.5b, eyes 20% FY revenue growth target above Bt13b, revenue +40% >Bt9b. CPALL sees 5-7% SSSG via 7-11, sets Bt27b capex to add 700 branches in TH & 30 in Cambodia, will debut 2 outlets in Laos this year, reassures FY interest […]
Read More →AGE targets Bt500m new loans from backhoe & trailer hire-purchase, to diversify earnings from coal trading & logistic business, capitalize on existing drivers who have good track record & credit score from subsidiary, AGE Transport. Comment: Coal prices have dropped from their peak by -60%, but are still 2x from pre c-19 levels, plus age […]
Read More →CENTEL targets Bt22b revenue this year, on recovering hotel and food business, sets Bt4.4-6.8b capex for 6 new hotels and 120-150 F&B branches. Comment: And they’re going to gobble it all up CH launched ready-to-eat TH deserts, mango sticky rice & banana in coconut milk, under Bangkok Tasty brand, to expand Indonesia & UAE to […]
Read More →I went to the beach for the long weekend, room rates are higher than pre c-19, not unexpected, and you’re seeing this being reported by the larger hotel players both domestically and globally. How long can this last? Well until there is new capital coming in to take-over and refurbish the hotels that have gone […]
Read More →Notable Transactions Earnings season is over and there’s a tonne of small management buying across the board. Buy(s) THB 179 mn Sell(s) THB 65 mn
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