Market research on Thai Stocks in the SET Index
BGRIM sets 10-15% revenue growth target from gradual COD of new projects with combined 605MW with plan to add 40-50MW from new industrial and old clients to align with pool gas system, no impact from Global Minimum Tax, sets Bt12b capex and to secure partner for data centre in 1H25. ORI plan to sell 6 […]
Read More →BCP: 123.9m shares (9% of outstanding) crossed yesterday after market shut @ Bt36.57, 5% discount from close price, valued at Bt4.5b. Comment: This is a despicable act for the country…these “new investors” have fleeced the country DELTA said solid 1Q25 to help achieve double digit growth in FY25, new solutions to cater for rising demand […]
Read More →ADVICE sees 1Q25 sales +13-14% yoy driven by smart phone sales & Apple products on the back of Easy e-Receipt shopping tax rebate stimulus, robust MacBook Air sales during Thai Mobile Expo event, household solar solutions business debut in Feb open room for growth, eyes 20% FY25 revenue growth target. Comment: Why is this the […]
Read More →ASEFA announced buyback, up to 20m shares (3.67% of paid-up) Bt70m budget from Mar 10 – Sept 9. Comment: Another buyback…and not a bank – for those companies that have strong balance sheets i.e. no debt – trading cheaply…I’d expect to see more happening. CPALL sets 2-3% SSSG this year, on 2.8% GDP growth assumption, […]
Read More →TikTok pledged to spend $8.8b in data center hosting services in TH over next 5-yrs, > doubling an earlier investment target, to benefit IEs (WHA, AMATA), power plant (GULF, GPSC, BGRIM), telcos (ADVANC, TRUE), Hardware & IT solutions (BE8, BBIK), while banks likely benefit from surged demand for credit from online merchants to expand sales […]
Read More →-15% YTD Amazing Thailand! What else can I say, will it all change with a new LTF and casino licenses later this year?
Read More →Notable Transactions Buy(s) THB 162 mn Sell(s) THB 1.4 mn Note: I would not be surprised to see more management buying over the next few months
Read More →Week 24/02 – 28/02 Company baf.vn, ctd.vn, dbd.vn, dpm.vn, gex.vn, gvr.vn, hdg.vn, shb.vn, tms.vn, vcb.vn, vic.vn, vrg.vn, BAF VN: plans to establish three wholly owned subsidiaries in Tay Ninh with a total investment of VND760 bn, including BAF Tay Ninh 1, BAF Tay Ninh 2 (with capital of VND340 bn in each) and BAF Tay […]
Read More →AP targets 12% FY25 revenue growth to Bt52.9b, supported by Bt41.62b outstanding backlog, 4 condos worth Bt10.4b (75-80% sold) scheduled to complete this year fuel earnings, sets FY25 launch plan at 42 residential projects total Bt65b (15 SDH, 18 townhome & 6 condos), pays Bt0.6 dps XD May 7. AWC plans to double its assets […]
Read More →CPALL reaffirms it has no intention to join MBO of Seven & I, after leading investor Itoshu decides not to participate. Comment: That led to a pump yesterday… KTC targets FY25 card spending +10% yoy supported by larger merchant partners and higher proportion of high-income subscribers, expects credit cost improve on rate cut cycle, maintain […]
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