Eleven Thai chicken factories, including 6 of CPF, have been given permission by Saudi Arabia to export chilled and frozen fresh chicken, effective as of March 13, after 18 year suspension. Comment: CPF, GFPT and friends are going to benefit from this. CAZ signed 2 contracts to develop LNG receiving terminal & civil work projects […]
Read More →ASIAN target Bt10.6b revenue target, +12% yoy from feedmills & PET food business, will spin-off PET food unit (AAI) on SET in Oct, pays Bt 0.4, XD May 18. Comment: Wondering how much value this spin off is going to add. CHG anticipates solid 1Q from cod of heart disease clinic, harvest period from 2 […]
Read More →Notable Transactions Buy(s) THB 456 mn JMART – Look at how much he’s bought back BANPU – Wonder if the founder/chairman realises that the recap was a silly idea, share price would be +50% higher by now… SPALI – Family still buying! MORE – Funny movements in this share price for a while… RAM – […]
Read More →Note: There are several “strange” companies with relatively large transactions occurring below. Notable Transactions Buy(s) THB 231 mn NMG SPALI – The family buy’s shares, its probably one of the few property companies that is continuing to perform well. Sell(s) THB 1.5 bn JWD – The COM7 owner bought into JWD, he’s been on quite […]
Read More →CHG raised holding in Mae Sot Hospital to 90% from 80%. BAFS expects 2% aviation fuel sales growth this year, plans Bt700m acquisition of 13MW solar PP oversea, sees 2H recovery from contribution of recently acquired 34.4mw solar projects bought from PDI in March. LALIN kick-off pre-sales 2 SDH projects next week total Bt1.05b, firms […]
Read More →With earnings reporting season over all the owners/directors have started buying/selling their shares again. Notable Transactions Buy(s) THB 988 AUCT – That’s a huge block trade, family took back some 14% the company. RS – He’s buying again. SABUY – They’re making moves and being paid well in share price performance, the MD buys more. […]
Read More →EGCO’s confident of growth this year, supported by 500-600MW rise in capacity, including 272 MW from Linden Cogen in the US, which will contribute from 2Q21. CHG reaffirms solid 4Q20 from strong OPF & IPD patients traffic, Respiratory Syncytial Virus (RSV) outbreak in infants and young children and tailwind from SSO patients. FSMART plans to […]
Read More →CHG reaffirms 10% revenue growth target after securing more SSO’s patients. Comment: The hospitals that aren’t focused on foreign customers are now the safer players. DELTA sees higher revenue from abroad after US & EU ease lockdown, maintained 5-10% revenue growth target, tailwind from weak THB boost earnings. Comment: That is impressive. INET will branch […]
Read More →BAY’s card unit, Krungsri Consumer, mulls to cut card spending target after 1Q drops 12-13% yoy from shutdown. Comment: Two things….either 1) you will see an increase in loans/cash loans/credit cards because of people’s need for cash but this will be combined with weak payback or 2) No spending, further downside in consumer spending CHG […]
Read More →BC acquire 2 plots of land to develop 2 hotel projects in Lamai beach Samui and Sukhumvit road adjacent to BTS Nana station, announced dividend Bt0.11 dps, XD Dec 27. Comment: This could be an interesting name over the next 2-3 years. You’ll need to sit down and go through the business model and accounting […]
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