Thailand is only down -3% this year….urgh…(or -10% in USD terms) But #’s are coming out…and for several industries…i.e. telco’s…services…argi…petrochem’s…they’re actually looking good and that’s ..60%+ of the market cap? Could we finally see a surprise to the upside?
Read More →Notable Transactions Buy(s) THB 32 mn Sell(s) THB 0.6mn
Read More →GULF: signed a 25-year PPA with Electricity Authority (EGAT) for the development of 59mw solar farms, scheduled cod in 2026. Comment: Is someone going to start asking the question “how is gulf going to fund all these projects given their balance sheet?” MTC: anticipate 2Q turnaround as credit demand accelerate ahead of school term start, […]
Read More →BGRIM: acquires 40% stake in 33.7mw UAE solar rooftop operator for $ 3.39m, 4.1mw cod-ed & 29.6mw target COD during FY24/25. Comment: Why? I understand it’s sunny over there but when the gov makes it rain then the roads are flooded… JR: awards EPC contract from TTCL valued at Bt120m. SPREME: IT Solutions provider, Supreme […]
Read More →ADVANC reports 1Q after closes, Bt7.22b consensus, on higher ARPU. BTG sets up Betagro Ventures a new corporate venture arm to incubate new food and agriculture tech ventures, expecting to spur innovation across its ecosystem. Comment: They’ve run out of ideas.. BGRIM sets up B.Grim Power Future Solution (BGPFS) to jointly invest in 80mw solar […]
Read More →BJC fell 3.69% on elevated volume, as tax may rise as much as 20%, forcing it to cut FY24 projection, Tabloid. DELTA reported Bt4.31b 1Q Net Profit, +19% yoy, on strong growth in sales revenue of power electronics and mobility business segments, but missed Bt4.58b consensus. RT sees brighter prospect in 2Q, on Bt8.52b backlog […]
Read More →Notable Transactions Buy(s) THB 20 mn Sell(s) THB 26 mn
Read More →Just looking at the 12M’s performance makes me go WOW. Throw in the currency falling by some -22% over the past 2 years. Just WOW. But YTD there are greenshoooooooooots, agri – construction services, tourism, healthcare, happy hunting…Also it’s earnings season and hmmm..bottom line growth for the banks were great (hello obvs NIM) but the […]
Read More →Week 22/04 – 26/04 Corporate ctr.vn, fpt.vn, msn.vn, nvl.vn, vic.vn CTR VN: plans to pay cash dividends at a rate of 27.2% (VND311 bn); Development investment fund VND100 bn, bonus and welfare fund VND125 bn. Comment: Finally…….and this name is well positioned given the telco investments/capex. FPT VN: announced cooperation with Nvidia to promote AI […]
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