Market research on Thai Stocks in the SET Index
AOT: Etihad to open link from UK to 7 Asian cities via its Abu Dhabi hub, will start direct flight to Krabi from Oct 2025 follow by Chiang Mai from Nov. Comment: Etihad vs Emirates, lfg! tourism will continue to boon in Thailand. BA sees advance booking from 4Q24 till end of 1H25 +12% yoy, […]
Read More →AH sees windfall from Honda & Nissan M&A deal as it’s already suppling OEM parts to both, multiple manufacturing bases in TH, CN, Malaysia, Portugal providing competitive advantage from risk diversification. Comment: There’s no windfall…volumes would remain the same. SEC asks CPAXT to clarify its investment in Happitat by 25 Dec, amid concerns of conflict […]
Read More →ORI reaffirms solid 4Q driven by transfer of 3 residential projects combined worth Bt7b including Origin Plug and Play Sirintorn Station, So Origin Phahol 69 and Knightbridge Space Sukhumvit-Rama 4, maintain Bt26b FY24 transfer target. Comment: They need to go bow down to CP for saving their butts….no more property co’s going under… SISB sees […]
Read More →ASW to launch 1-2 projects annually in Pattaya worth Bt2b to capitalize on strong demand from diverse buyer segments, particularly foreigners seeking to diversify from China following Trump’s victory. COCOCO revised up FY25 revenue target to Bt10b from Bt8.5b supported by new clients from US & AU, broader range of coconut products (coconut oil for […]
Read More →Notable Transactions Buy(s) THB 180 mn Sell(s) THB 243 mn
Read More →AMA: Labour Minister, Phipat Ratchakitprakarn, cuts holding by 2.8962% to 3.9156% on Dec 12. AP acquires residential developer, Nayara Sukhumvit, from Narai Property for Bt56m, will hold 99.98% of co., post transaction. BE8 forms jv with TIPH, Horixon T8, to provide tech services to Dhipaya Group holding in insurance industry and expand services to other […]
Read More →AOT mulls revising up passenger service charges (PSC) both domestic & international from current Bt130 & Bt730/passenger at 6 airports under management, expects to open bid for Suvarnabhumi cargo and East terminal expansion by end of 1Q25. Comment: And there’s no reason why they won’t do it…just more and more cashflow straight to the bottom […]
Read More →AMATA sees at least 50% of Bt19b industrial land backlog realize next year, supply chain relocation is expected to continue on US-China trades tension. Comment: Which is remarkable given how low the FDI flow is into Thailand in 2023 and 2024. ANAN: reported share purchase of 49% in Ananada MF Asua Wutthakat from Mitsui Fudosan. […]
Read More →Thailand, it’s the playground of Asia, and as THE playground of Asia it’s been missing a legitimate casino. Over the past few months there have been rumours and murmings about the casino project in Thailand, and similar to what I did with the cannabis plays, That Sweet Weed, here’s a random list of Thai companies […]
Read More →CK sees big jump next year driven by record high construction backlog above Bt220b, higher contribution from subsidiaries (BEM & CKP) and dividend income from TTW, sees new S-curve next year supported by new project including Bt35b double deck Ngamwongwarn-Rama 9 (EIA approved), Bt27b south purple MRT Tao Poon-Ratchburana and Bt47.52b Bang Khun Thian-Bang Bua […]
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