ThaiCapitalist research
JMART: Local prices of mobile and IT products are not expected to be affected in the near term by new US import tariffs, as most products are manufactured in Asia. However, costs may rise for new product batches in 4Q if raw material prices increase. Comment: Everything comes from China, Taiwan & Vietnam and Thailand […]
Read More →CCET reported March electronics components sales +11% yoy to US$ 332m, +2.66% mom, 1Q25 sales +15.8% yoy to US$ 1.02b. Comment: Oh, revenues’ still continue to increase. For those unware, taiwan co’s report their revenues (only) on a monthly basis KTC: credit rating upgrade to AA from AA-, stable outlook at TRIS, continuous improvement in […]
Read More →GULF in 70:30 JV with PTT to build a LNG receiving terminal in Map Ta Phut deep-sea port with carrying capacity of 5m tonnes a year to help it better manage imported LNG which will be supplied to its power plants. Comment: It’s amusing that the government is actively partnering with the crony capitalist vehicle […]
Read More →BCP’s Bt10b SAF factory on schedule to test run on Apr 25, adjusted estimate payback to 5-7 years from 3-5 years in previous feasibility as some jet fuel customers have postponed plans to legally require aircraft operators to enforce SAF usage. Comment: No one wants to waste money on this green $hit anymore. BEM: CK […]
Read More →First a physical earthquake, and now a market earthquake. Find the divvy compounders and hold on for dear life. If you love to trade – something I do at times – size smaller…. It’s going to be a funky period. Get some sleep.
Read More →Notable Transactions Lots of buying going on – but nothing in real value other than the usual power couple that is SPALI Buy(s) THB 500 mn Sell(s) THB
Read More →CENTEL: officially cod-ed of 142 villas resort, Centara Grand Lagoon Maldives. SEAFCO: anticipates local contractors have the upper hand on government project going forward after China Railway’s 10th put in spotlight following the collapsed of 32-storey State Audit Office, maintain Bt 2b FY revenue target, aims to fill Bt 800m foundation work backlog to Bt […]
Read More →AOT: United Airlines to add daily flights to VN and TH starting on Oct 26, flights will be departing from LA & San Francisco to HK on their way to BKK & Ho Chi Minh. Comment: From memory, the number of planes in the skies today are still less than pre-wuflu days. GULF, a merged […]
Read More →GULF TB, a merged entity between GULFI and INTUCH, will start trading on April 3, no cap on ceiling/floor on the 1st day. GULFI TB and INTUCH TB both have been delisted. Comment: All hail crony capitalism! Or will they rebrand themselves as the Berkshire Hathaway of Thailand that compounds growth on a high single […]
Read More →