I still hold to what I wrote last week, Market Update 17/07 | ThaiCapitalist, a government is being formed, the bottom has passed for now. For the market, banks’ are reporting now, can’t expect anything pretty unless they’re going to be clever about hiding the real NPL figures, and I wouldn’t be surprised to see […]
Read More →Note: Earnings season is coming again and it’s going to be a quiet 4 weeks for management trades Notable Transactions Buy(s) THB 7 mn Sell(s) THB 127 mn
Read More →AKR targets winning Bt200-300m of Bt500m EPC projects it plans to bid, eyes Bt3b bidding in transformer projects, with 10-12% winning rate. Comment: Even though I think the EV trend is bs purely because of basic engineering and science, if the government moves this way, Thailand does need to upgrade the entire grid system and […]
Read More →CBG: convenience store unit, CJ Express, postpone listing from prior schedule on 2H23 to next 1-2 years, Daily news. Comment: Ouch, does this imply that upcountry spending is far worse than we know? EGCO in collaboration with BoCo Rock Windfarm, a unit of Mitsubishi, to produce hydrogen from power plant with 113MW capacity. BoCo’s current […]
Read More →ASAP keeps Bt3.8b full year revenue target, allots Bt2b to add fleet size, expects demand for car rent accelerate after Thailand logged 2nd on AGODA top destination voted by travelers. Comment: Well, it seems to be pricing that in…liked the management and their vision a lot pre c-19, now I’m not sure what they’re up […]
Read More →AQUA files criminal case against Thanhoon Tabloid for distorting facts in its reporting in TPL, causing damages to >5,000 shareholders who own >140m shr. Comment: So they didn’t pay Thanhoon the usual 20-40k baht for the news articles? And what business AQUA actually do? Shine Bunnag was a well known stock punter (read: manipulator) back […]
Read More →ADVANC is expected to report robust 2Q driven by improved ARPU on eased competitions, lower SG&A/sales as marketing expense drop, upside from broadband business in 2H after transaction of TTTBB deal complete in 3Q. AMATA targets record high FY industrial land sales at 1k acres, sees positive sales momentum from TH & VN estates, 80-120 […]
Read More →JMT, CHAYO and CHASE are expected to benefit from surged bad debts in 2H, SME, Hire-Purchase and mortgage are top non performing, Prachachart. Comment: CHASE shouldn’t be lumped into this they’re a rubbish firm compared to CHAYO and far lower than JMT. LPN launches Bt2.1b Earn Amata, a residential project, which offers 5-6% avg yield. […]
Read More →I don’t care about social media news and the daily ongoings regarding the politics because I consider it all noise at the moment. A government is being formed, it will be better than what the country has had for the past 9 years and there is nothing but upside aside. All the daily news we […]
Read More →