ThaiCapitalist research
EGCO completes divestment of its 49% ownership interest in RISEC 609mw natural gas power plant in Rhode Island to Shell Energy North America. KTC expects Government’s Easy E-Receipt tax rebate from Jan 16 – Feb 28 to help boost credit card spending in 1Q25, despite sluggish economy. KTC aims to issue 250K new cards and […]
Read More →FORTH sets >Bt10b revenue target this year on growth in all segments, with Bt4-5b target for Government’s Enterprise Solutions bids, focusing on high margin project with less competitions., sees solid growth in FSMART’s loan growth, and expand Tao Bin overseas. Comment: This will be interesting to observe… GUNKUL maintains Bt10b FY25 revenue growth target, sees […]
Read More →Notable Transactions Buy(s) THB 260 mn Sell(s) THB 75 mn
Read More →Banks generated profit growth….look at the last 6 months performance of thai bank stocks, you may be pleasantly surprised. Financial repression (h/t to clever scottish fellow) works well for Thai Banking performance. Casino update – have a look at this Bangkok Post – Cabinet approves Port Authority revamp – does this mean that Port Authority […]
Read More →Week 20/01 – 24/01 Company kbc.vn, ssi.vn, szc.vn, vhc.vn KBC VN: has received investment certificates for two major projects in Hai Phong province: the Trang Cat Urban and Service Area and the Trang Due 3 Industrial Park. The Trang Cat project, led by its subsidiary, will increase its investment capital to VND69,087 bn. KBC VN: […]
Read More →Bonus 10
Read More →Commerce Min reported Dec total exports +8.7% yoy to $24.8b, marking 6 consecutive months of expansion, key products included rubber, casava products, fresh & processed chicken & fresh & processed fruits. Industrial exports in Dec also climbed for 9-th consecutive month, +11.1% yoy to $20.2b, key contributors included gems & jewellery, computer & components, air […]
Read More →IMPACT reported 90% completion of Sky Entrance project, scheduled to finish in Feb, aligning with anticipated opening of Pink line skytrain extension in May-June 2025, expects significant traffic increase from transport integration, attract more exhibitors & visitors to exhibition center. Comment: I was just there, it is nearly finished, and they are definitely going to […]
Read More →KCE acquires KCE Printed Circuit Boards Gmbh (KCED), a distributor of PCB in Germany & Europe for EUR 10.65m (Bt 380m), aims to manage selling price, revamp logistic & admin to enhance effective operation & reduce costs, facilitating direct communication with customers, transaction to complete by end of March Comment: This reads like a left […]
Read More →CHAYO forms 49:51 jv with Wealth Fund Co., to develop platform for loan issuance (both secured & unsecured) under brand Maitri Money, seeks to diversify revenue sources from distressed asset management to lending business. Comment: Again? Another company going into the lending business again? Fine…why not….I don’t see how CHAYO will do well, other than […]
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