Market research on Thai Stocks in the SET Index
AMARIN: co., name changed to Amarin Corp, ticker unchanged, effective today. ASIAN and its unit, AAI, are ready to move production base to Vietnam or Philippines if new government raises minimum wage to Bt450. Comment: This is a convenient excuse for the company to invest overseas. It’ll be more to do with FTA’s from the […]
Read More →GULF-Binance venture gets license for digital asset exchange and digital asset broker business in Thailand, will begin operation from 4Q23. Comment: The Chinese money launderers are going to be very strong in Thailand HFT’s applying for China’s industrial standard certificate, seeks to branch out from motorbike & commercial vehicle tires to e-bike segment, eyes 1st […]
Read More →Notable Transactions Buy(s) THB 381 bn Sell(s) THB 249 mn
Read More →Week 22/05 – 26/05 acb.vn, dhc.vn, frt.vn, hbc.vn, hhv.vn, gex.vn, gmd.vn, mwg.vn, nvl.vn, pvs.vn, pnj.vn, tpb.vn, vhc.vn Note: In the past week, 4 stock dividends announced…that I’ve found…the dilution of shareholders is ridiculous in Vietnam Corporate ACB VN: announced the payment of dividends in 2022 in cash and shares and last date registration will be […]
Read More →CPALL anticipates 2H turnaround from eased financial burden after refinance MAKRO deal, target 700 new 7-11 branches by end of year after opened 209 in 1Q, target 100 outlets in Cambodia by end of year, debuts first 7-11 branch in Laos this year, ramp up promo on 7-11 Delivery & All Online to boost sales, […]
Read More →CPANEL reported 6 contracts signed in May to supply precast concrete (4 horizontal, 2 vertical) total Bt263.8m, lifting backlog to Bt1.311b, mulls expand capacity by 25% to 990k sqm. by end of 3Q to expand wider range of products. DMT sees daily avg tollway traffic QTD at 98k trips/d driven by recovery air traffic via […]
Read More →ASIAN cuts FY23 revenue target to Bt10.7b from Bt13b prior from due to soft seafood & pet foods exports caused by high inventory level of overseas trading partners, keeps Bt1.3b capex plan to revamp automate pet food production line, replacing new boiler & solar rooftop to improve efficiency, reduce energy & labor costs. Comment: So […]
Read More →AGE sets 5.2m tons coal sale target this year to Bt23b, to Bt30b by 2025 with 7m tons sales target, mulls 1 M&A deal by end of year. Comment: And the good days of AGE are over for now (relative to 2021/2022) but realise that the figures are still going to be 3x higher than […]
Read More →BANPU cuts full year coal sales volume target to 38.2m tons from 42m prior as power producers stocking remain high due to warmer than expected winter, focus on renewable, power storage, energy trading business to diversify earnings. Comment: Wait wait wait….it’s going to be hotter than normal now = higher AC usage = higher electricity […]
Read More →Notable Transactions Earnings season is over and they’re all back to buying/selling Buy(s) THB 287 mn Sell(s) THB 1 bn
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