Market Update 10.10
And so it happened, the market wobbled a bit and declined last week…this week? Probably more of the same, but I’ll continue to say this, oil.
Read More →Author: Pon
Management Trades 03/10 – 07/10
Notable Transactions Buy(s) THB 383 mn SABUY – Dumped by the warrants to buy the shares. PRINC – Founder buys shares – a signal to the recent uptrend in brokerage coverage? CWT – Note that this was a convertible debenture purchase JMT – Founder still buys ASW – Like CWT – this is a convertible […]
Read More →Random Thoughts
H. Marks Memo Perhaps I’m just biased from reading H. Marks memo’s for the past decade, but yes I typically say that I have no idea what will happen in the future and just explain potential scenarios (for companies/industries/countries) based upon what’s happening now. But even then I normally finish every conversation with this line […]
Read More →WHTW Top 10: 03/10 – 07/10
Household debt drops to 88.2% of GDP in 2Q from 89.2% 1Q, but total value rose to Bt14.76trnl from Bt14.66trnl, as economy continues to expand. More than 6m international visited Thailand this year with a 90% surge last month alone when compared to average figures. Office of the Consumer Protection board (OCPB) has finalized the […]
Read More →Stocks in the news VN (bcg.vn, bsr.vn, dxg.vn, fmc.vn, lpb.vn, mbb.vn, mwg.vn, nvl.vn, pow.vn, vjc.vn)
Week 03/10 – 07/10 Stocks BCG VN BCG approved to offer 266.73mn shares with the price of VND10,000/share at the ratio of 2:1 for existing shareholders via public offering. Expected time will be in 4Q22 after getting approval from SSC. Comment: Not sure where the earnings have been coming from for this “investment co” but […]
Read More →Stocks in the news (anan, bec, jasif, jubile, gpi, prm, scgp, spali, thcom) 07.10.22
ANAN sees positive sign from Ashton-Asoke case, firms on Bt13b transfer target, after Bt9.3b in 9M22, solid backlog at Bt12b to support Bt15.68b presales target, mulls 6 projects worth Bt21.63b in 4Q Comment: That asoke project….a never ending saga for ANAN. BEC aims to shift revenue mix from TV laden to digital platform, global content […]
Read More →Stocks in the news (ah, bm, crc, ori, pr9, scc, sgp, tisco, ureka, wha) 06.10.22
AH firms on 30% revenue growth target on 5-6% auto industry growth, and expansion in EV market. Comment: Again this revenue growth has nothing to do with EV’s, but it’s the narrative being used. BM’s upbeat outlook from pending orders of steel module for Tao-Bin robotic barista machines from FORTH, keeps Bt1.4b FY22 revenue target, […]
Read More →Stocks in the news (aeonts, bgt, bsbm, jmart, ktb, sisb, tfg, th, tpipl) 05.10.22
AEONTS reported 2Q22np (eo-Aug) at Bt903.56m, +33% yoy; missed Bt1b consensus, pays Bt2.55 dps, XD Oct 18. BGT: agricultural foods producer, Betagro, sets IPO price at Bt40/share, will sell up to 434.8m shares, greenshoe 65.2m shares, PO subscription from Oct 10-17, Institution from Oct 20-25, BofA Phatra and Bualuang joint-leads. Comment: It’s interesting to see […]
Read More →Stocks in the news (asw, chayo, epg, gulf, proud, rml, scb, scn) 04.10.22
ASW reported 9M22 residential sales at Bt13.1b, >Bt10b FY target thanks to strong sales of 2 condos (Kave Town Colony BKK Uni & Atmoz Oasis Onnut), will launch 2 projects Esta Rangsitkhlong 2 (SDH) & Kave Universe Bangsaen (condo) total Bt1.2b by end of year. CHAYO reported 9M22 debts acquisition >Bt4.2b, plans to add Bt10b-11b […]
Read More →Stocks in the news (24cs, asian, bts, forth, hmpro, princ, scb, work) 03.10.22
24CS: building engineering contractor specialize in electrical, air vent, telco and sanitary system, 24 Con & Supply, debuts 130m shares at Bt 3.4/share, UOB leads. Comment: Now that’s an IPO! ASIAN upbeats outlook from accelerated OEM pet food orders as international clients expand house brand products to boost margin, sees tuna & seafood business remained […]
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