ADVANC sees positive 3Q momentum from higher ARPU as deep discount package already expired since end of-May, higher market share on FBB supported by WFH demand. Comment: Still curious to see the 5G story play out. If anyone has a decent paper out there on 5G please send it across, specifically the beneficiaries. NPLs expect […]
Read More →And now the bull and the bears will fight Bulls Its only 2 months lost earnings The recovery is underway globally with multiple economies beginning to open up Liquidity is flush in the system Massive fiscal spending to kick in by June Low interest rates Bears: Still “expensive” valuations The economic destruction will be felt […]
Read More →Earnings season will start soon. Let’s see how the market holds up. OPEC+ got together and agreed to a cut…which when you dig into the #’s isn’t enough to offset the huge drop in demand (a -9.7mn drop is nothing, in order for demand/supply to balance out it should’ve been a -20mn to -30 mn […]
Read More →Notable Transactions Edit: Message from a friend states that the WHA transactions were due to inheritance Buy(s) THB 6.8 bn WHA – Boom! She’s taken a YUGE stake SUPER – He keeps buyinggg Sell(s) THB 3.3 bn WHA – Eh? So she had a sell in order to buy? This is odd..
Read More →New Year price slash for B10, E20 : Energy Ministry wants to get motorists in the habit of fueling with biodiesel . The Energy Ministry plans to cut retail prices for biodiesel B10 and gasohol E20 by another one baht per litre during the New Year period to reduce fuel costs for Thais during the […]
Read More →Notable Transactions Buy(s) 95 mn EIC – Looks like a reverse IPO is in play BDMS – I really do hope that the government does something about the over charging done by groups such as BDMS, but the President still thinks they’re worth more Sell(s) 232 mn PACE – It’s been quite the fall from […]
Read More →My thoughts with the low interest rate environment today include; What is the hurdle rate now? I.e. if debt gives you 1%, and equities are considered 2x riskier, is a 2% return going to be the norm for equities? Apparently 1/3 of the global debt is now yielding negative rates. So what happens when companies […]
Read More →Notable Transactions Buy(s) THB 61 mn N/A Sell(s) THB 43.7mn BDMS – The (acting) President dumps a bunch of shares
Read More →Duty-free deal ‘not AoT’s call’ : Airport agency at odds with Sepo over rights . The State Enterprise Policy Office (Sepo) has said the Public-Private Partnership (PPP), committee, instead of Airports of Thailand (AoT), must have the final say on whether the concession for duty-free operations at four major airports comes under the PPP law. […]
Read More →And so the last sector that held up for the past 12 months finally fell, the healthcare sector was rocked by news it may finally undergo price caps, see here Random Thought: Hospitals. What’s in store for this week? I think the first two weeks of every year is just noise as people are getting […]
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