AAV plans to resume operation of 8 aircrafts that were idled during pandemic after advance booking have demonstrated strong momentum. Comment: A great sign for tourism and hopefully lower ticket prices ! AH upbeats 1Q earnings from delivery of Ford Ranger model change, higher OEM parts sales yoy from improved market. BA’s temporary suspended 2 […]
Read More →As written last week, it’s the confusing period for the market, there’s no real clarity on which way things will go. So let’s just enjoy the watching the Chinese balloons flying over the US skies and wonder why the US Gov doesn’t send Tom Cruise to save the world. Side note – have you see […]
Read More →Notable TransactionsBuy(s) THB 353 mn Sell(s) THB 324 mn
Read More →BAY target FY23 loan growth within 3-5% range after logged 3.1% last year, focus on ASEAN expansion to VN, Indonesia, Phil, offering ESG loan to Cambodia, Laos and TH, seen NIM in range of 3.3-3.5% vs 3.45% in FY22 while non-NII to be flat, FY23F NPL in range of 2.5-2.6% slightly higher than 2.32% last […]
Read More →ASW plans 12 new projects worth Bt22.5b, sets Bt15b presales target and Bt7.2b revenue, Bt12.9b backlog, sets Bt400m capex for non-property business. AU sees solid 4Q22 on higher tourist numbers and seasonal, boosting FY22 growth to >25% target, mulls new products, 5 new branches, including 2 in HK this year. Comment: And every quarter is […]
Read More →AOT: Qatar Airways added direct flight from Doha to Phuket to 4 daily flights from current 3, starting from today (Feb 1). BANPU said Australia’s decision to cap coal price at $125/ton will only effect Bt1-2b/quarter, very small vs its Bt50b annual profit. Comment: The risk for coal prices is that the sudden rush in […]
Read More →ADD: local fund, BBLAM, cuts holding by 1.4375% to 4.3536% of total outstanding on Jan 26. NBTC gave greenlight to ADVANC’s bid for 3BB and JASIF, pending appointment of independent consultant, before submitting for NBTC’s board approval in 1-3 months, Tabloid. Comment: Well that took them a while… BH sets double digit revenue growth this […]
Read More →Now we’re in the grey zone, it’s a while (by end of March) before FY2022 figures are properly out and companies talk about their outlook for FY23. The market will be moving on news (hello Iran). There are still two movies on one screen:1. Higher cost of capital, higher cost of living/business vs 2. Reopening, […]
Read More →Notable Transactions Buy(s) THB 428 mn Sell(s) THB 780 mn
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