GSB denied report that it’s paying Bt2b for 48.59% stake in AMANAH. Comment: That rumour was quickly dispelled within the day, next name is SAWAD – which hasn’t issued a press release denying the rumours. If so SAWAD may get into MTC’s business – motorbikes. AP may report 115-128% growth in 3Q NP to Bt1,330m […]
Read More →AOT approved AAV’s request to partially move its base from Don Muang to Suvarnabhumi, with initial 24 domestic flights, before extending to overseas flights by end of year. Comment: Now the future hordes of Chinese tourists will be at Suvarnabhumi. BBL: Social Security Office cut holding by 0.0188% to 4.9903% of total outstanding on Tuesday […]
Read More →BAM branches out from NPA auction to direct sales to capture real demand for assets, sees banks stretched term loans & restructuring debtors near terms, may add more assets in 4Q. BWG sold PP 319m shares at Bt0.51 apiece to 5 private investors, will not get subscription right of subsidiary IPO of ETC. Reminder: BWG: […]
Read More →AOT mulls closing some of THAI’s international check-in counter and facilities in accordance with lower number of passenger aiming to curb costs. Comment: Well that took them long enough…with the public announcement re the decline in travelers and no recovery til 2022 in their minds…will they allow King Power to renegotiate? Conspiracy theorists says yes. […]
Read More →Notable Transactions Buy(s) THB 417 MN GULF – And he keeps buying and buying THG – This is a rare buy from this Director CK – The EVP of Human Resources buys a chunk MINT – The CEO is averaging down his purchases. Sell(s) THB 3 mn N/a
Read More →APCO target 70% revenue growth this year driven by sales of medical supplies on the back of Covid-19. Comment: TQM seems to be the name that the retail market has liked for this. BAY sees heavy debt load on GEN Z new grads age 21-24, stringent on consumer credits to curb NPLs Comment: I think […]
Read More →BJC to open 1st BIGC in Cambodia Poi Pet, with Bt300m investment, target Bt1m sales/day, sees seasonal 4Q to boost revenue growth by 4-5% yoy as planned. CK signs Bt6.6b Rama 3 expressway contract. COM7 sees record high quarterly profit in 4Q, +44% yoy, boosting FY19 up 33% to Bt1.18b, helped by strong iPhone 11, […]
Read More →Commerce Min’s Intellectual Property Dept, in partnership with CPALL, yesterday kicked off a scheme to sell geographical indication (GI) products online. Comment: Shall we just call this the CP Government? CK to sign Rama 3 (4th contract) worth Bt6.6b on Dec 3, while winners of 1st and 3rd contracts to be known by December. IRPC […]
Read More →Transport Ministry said he has full authority to revise BEM’s concession extension before the expiry date in Feb 2020. CP Group led consortium, including ITD, CK, BEM, signed a Bt224b contract yesterday to build high-speed train route linking 3 major airports, which is expected to boost economic development and create >100K jobs. Comment: And this […]
Read More →AQ files lawsuit against KTB and its board, seeking Bt3.9b for breaching compensation payment terms. BANPU to cod additional 2 powerplants projects combined 71mw before end of year. CK wins contract to build integrated medical and public health center building for Thai Red Cross Society worth Bt2.16b.COM7 sees 4Q earnings from newly launched Apple products, […]
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