Market research on Thai Stocks in the SET Index
BLA teams up commercial vehicle hire purchase lender, MICRO, to offer loan protection insurance, life & accident insurances for MICRO’s customers. HENG expects 2Q loan growth expand by 6-7% yoy from improved economic activities, tailwind from tourism and back to school season, seeks M&A to boost inorganic growth. Comment: That’s not good enough for a […]
Read More →AMA targets 20-25% full year revenue growth from Bt3.23b FY22 driven by improved demand for marine & land oil transports on recovery demand for fuels, target full year utilization rate exceed 85% vs 80% FY22, sets Bt340m capex to add 1 tanker from current 9 vessels. Comment: It’s the margin risk…volume is typically there, and […]
Read More →AOT: expects full year revenue reaches pre-Covid level above Bt62b driven by positive momentum from aero & non-aero rev, SAT-1 terminal on track to cod upcoming Sept. CHASE: reported Bt1.6b bad debts purchased for Bt150m during 4M23, aims to seal 2 more deals before end of 2Q. Comment: The first time they’ve bought something in […]
Read More →A short week as there were only 2 trading days Notable Transactions Buy(s) THB 222 mn Sell(s) THB 244 mn
Read More →ADVANC: to report 1Q net profit on May 8, Bt6.79b consensus. AMATA: Director, Viboon Kromadit, resigned from the company, effect from May 1. Comment: He’s the been the key salesman for the company managing the relationships with, predominately, the Japanese customer base. PTG: reaffirms solid 2Q from strong fuels sales volume on improved domestic travel, […]
Read More →MAJOR: upbeat 2Q earnings from strong ticket sales during long holiday, higher contribution from advertising revenue & retail business. Comment: First Top Gun saved the industry and now the Super Mario Brothers are going to take it to the moon. TACC: acquires Korean beauty products distributor, Blush Beauty (TH), seeks to branch out from beverage […]
Read More →Company ctg.vn, dig.vn, fpt.vn, hdb.vn, sab.vn, vhm.vn, vic.vn, vnm.vn, vbb.vn, vtr.vn CTG VN: aims, in 2023, to increase total assets by 5-10% YoY, increase charter capital to VND60,387 bn or over VND66,000 bn through the plan of issuing shares to pay dividends approved by competent authorities. DIG VN: stops offering 100 mn shares to raise […]
Read More →Notable Transactions Buy(s) THB THB 192mn Sell(s) THB 0 mn
Read More →GRAND: BTS raised holding by 0.059% to 15.0505% on Apr 26. Comment: Everyone’s known that GRAND was cheap and waiting for a new shareholder/management team to do something with it. I don’t think BTS group is the answer, but the stock could pump…. JMART: board approved share buyback up to 16m shares (1.1% of paid […]
Read More →DELTA reported Bt3,614m 1Q net profit, +30% yoy, missed Bt3,849m consensus.DELTA par changed to Bt0.10 from Bt1, board lot changed to 100 from 50, tomorrow. Comment: The miss vs the stock split. Fun times coming for these shares. PTTEP to report 1Q today, Bt19.33b consensus. Comment: Finally printing $ and they’ll continue to for the […]
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