Market research on Thai Stocks in the SET Index
PTT and OR denied reports that they were charged by the DSI for money laundering and fraudulent activities based on accusation that GGC sold crude palm oil (B100) to OR at below Government’s min price, causing GGC huge financial loss several years ago, saying it was a BAU. Comment: This is a hilarious rumour… SKY […]
Read More →CRC plans to allocate higher marketing budget for equity and sustainable campaigns, shifting from price promotion, after latest initiative raised >Bt2.5m for Cardiac Children Foundation on TH. Comment: Can we drop the use of the word “sustainable”, what on earth is a sustainable marketing campaign? LEO sees solid 4Q on revenue recognitions from various new […]
Read More →AH’s board approved acquisition of the remaining 50% in venture auto part co., AAPICO Sodecia (TH) no exceeding Bt110m. MONO is under cash balance, cash upfront trade, from today Nov 27 until Dec 17, after jumping 22% yesterday. Comment: The story is that due to JAS winning the EPL rights, means that MONO is going […]
Read More →Week – 18/11 – 22/11 Corporate bcm.vn, dbc.vn, gmd.vn, kbc.vn, nvl.vn, pvd.vn, ree.vn, ssi.vn, vib.vn, vic.vn, vhm.vn, BCM VN: will issue 10,800 asset-backed bonds worth VND1,080 bn to repay loans from BID and CTG. Collateral includes land use rights in Binh Duong Province. DBC VN: Pyn Elite Fund has cut its ownership in DBC to […]
Read More →CENTEL upbeat 4Q earnings driven by strong advance booking for hotels in TH, improved ADR from 2 newly refurbished Centara Mirage Pattage & Centara Karon Phuket, tailwind from Centara Grand Osaka and Centara Mirage beach resort Dubai, 142 villas Centara Mirage Lagoon Maldives on track to cod in Feb 2025, additional 8 hotels in TH […]
Read More →GULF: INTUCH amalgamation deal to complete early 2Q25, sets Bt70b capex plan over next 5 years on new power project that already won license for construction as well as M&A on overseas power & natural gas project, new data center & private cloud solution (Google Distributed Cloud air-gapped) on track to cod in Apr 2025 […]
Read More →Notable Transactions Buy(s) THB 67 mn Sell(s) THB 60 mn
Read More →ALT plans to roll out submarine cable station rental service in Satun province to support Data Center Interconnect (DCI) between Vietnam, Malaysia & Singapore. Comment: How could a company of ALT’s “standing” be considered for an important contract such as this? AOT: FY24 net profit (end of Sept) @ Bt19.18b, +119% yoy; missed Bt19.54b consensus […]
Read More →ASIAN revised down FY revenue target to Bt10.2b from Bt10.5b prior due to suspension of fish feed production in 3Q and flat shrimp sales yoy, sales revenue from frozen seafoods drop from softer demand from European market. Comment: Is the recovery bump now over? GUNKUL raised holding in 30.9mw solar subsidiary, Gunkul Chubu Powergen (GCPG), […]
Read More →AOT: Malaysia based Batik Air will introduce new direct service btw Johor Bahru & Bangkok on Dec 1, 24. On separate note, ITA Airways has started direct flight btw Rome-BKK on Nov 17 and will extend til mid-2025, from initial plan for only during the cool season. Comment: The # of planes are in the […]
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