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 […]
Read More →BAY’s ready to cut MRR by 25bps to help vulnerable groups, sees limited impact if BOT to cut policy rate at next meeting, as it has balanced lending structure, and firms on 3-5% loan growth target this year. Comment: Awww that’s so sweet of the banks…they’re going to help.. GULF clarified that it has no […]
Read More →AOT reported 7 days passenger traffic via 6 airports under management during Songkran fest (Apr 11-17) +22.7% yoy to 2.49m travelers, aircrafts movement +15.3% yoy to 14,934 flights. Comment: And voila….2025 is going to be higher. And people still don’t believe it yet. ASW anticipates 2Q turnaround from completion of 4 condos total Bt6.6b, tailwind […]
Read More →BLC’s unit, Bangkok Drug, wins license from Japan partner, Nichi-Iko Pharmaceutical, to solely distribute its generic pharmaceutical products in TH, expects sales jump from good products at affordable price. Comment: Should be worth our time to investigate. CK firms on plan to participate auction of 5 dual-rail projects total Bt128b this year. CPNREIT to raise […]
Read More →BGC mulls revising up FY24 sales target following positive surprised bottles & packaging sales, supported by tourism, long summer season, consumption during Songkran festive. Comment: Does that mean singha beers > chang beers? CENTEL’s 95 guestrooms first affordable lifestyle brand hotel, COSI Vientiane Nap Phu in Laos opens today. Comment: Cookie munsterrrr FLOYD wins 2 […]
Read More →ASAP anticipates FY24 turnaround after scaling back rental fleets to 10k vehicles from 20k last year to mitigate impact from heavy depreciation on used car market, diversification to EV dealership business provide cushion. Comment: Shocking…-50% in the fleet? That’s going to hurt the rental market…rental rates are going to go high…(for tourists) CHAYO reported Bt400m […]
Read More →As of writing the Thai Baht just went past USDTHB 37… Well – a decade of military idiots running the country followed by the US jacking up rates = this magical scenario facing Thailand. Friends are now starting to whisper USDTHB 40…let’s see…anyways this means that in USD terms the SET is -13% for the […]
Read More →Notable Transactions Buy(s) THB 5 mn Sell(s) ZZZ
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