Random Thought: No Loans = No growth
If you can’t figure it out …
Read More →Random Thoughts: KEX dumped by it’s adopted mother
Ok, that’s not quite accurate. But here’s the news… SF Holding to Take Over Kerry Logistics for $2.3 Billion – Bloomberg “SF Holding Co., one of the largest Chinese package-delivery services, is seeking to acquire control of tycoon Robert Kuok’s Kerry Logistics Network Ltd. in a HK$17.6 billion ($2.3 billion) deal for its global expansion.“ The impact is […]
Read More →Market Update 08/01
Don’t we all feel like geniuses? We’ve all made some +1-5% this year. Now will it last? Short term everyone still keeps talking about the Fed rates…it’s staying here or going higher IMO, haven’t changed that thought for a while…and I like it…risk for Thailand is in the currency…most listco’s are fine, The Financial and […]
Read More →Stocks in the news (au, cpn, itd, leo, ner, rbf, tpipp) 08.01.24
AU sets Bt127m capex this year for 12 new branches, including 1st in Cambodia, sets 10-15% revenue growth target. Comment: Now this interesting….Trading at THB 300mn/store (off the top of my head don’t quote me), and capex/store is THB 10 mn CPN said progress in 5 mix-used projects and business expansion in Vietnam to help […]
Read More →Management Trades 02/05 – 05/05
Notable Transactions Buy(s) THB 45 mn Sell(s) THB 5.7 mn
Read More →Stocks in the news VN
Week 02/01 – 05/01 acv.vn, bsr.vn, dbc.vn, fmc.vn, gvr.vn, tng.vn, vhm.vn, Side note: It’s just amusing that companies in Vietnam will openly state their targets for the FY during their AGM’s and then the market used to price this all in immediately. Let’s see if there is a change in investor behaviour for 2024. Company […]
Read More →Stocks in the news (ama, aot, drt, major, dohome, ktc, warrix) 05.01.23
AMA aims to become #1 palm oil tanker transporter, after expanding fleet by 10% to 96K dwt, sees no impact from rising EVs on the street on fuel consumption. AOT expects 8m Chinese visitors this year, about 70% of record set in 2019. Comment: So..? AOT has no idea what’s happening in China, you need […]
Read More →Stocks in the news (bch, erw, ptt, zen) 04.01.23
BCH revises foreign patients to 20% from 16%, boosted by permanent visa waiver for Chinese, firms on 10% revenue growth target this year, adding 300K SSO patients to 1.8m. Comment: Chynaaaaa. Investors/people have written off Chinese tourism to Thailand at their own risk. I wouldn’t be surprised by 4Q24 if it’s already on par w/ […]
Read More →Stocks in the news (bts, stec, ratch, gunkul, ptg, siri) 03.01.23
A wheel fell off a Yellow Line monorail train and hit a taxi in Thepharak, outskirt of BKK. The train is operated by a consortium headed by BTS (75%), STEC and RATCH. Comment: One hopes that this is a 1 off accident… But I’ll happily blame STEC (anutin) all day long. GUNKUL plans to raise […]
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