AAV to resume all 25 domestic routes by July, sold 41K seats in a single day on June 23 Comment: And today they’ve launched a pay one-time 2,999 for 6 months special deal. BAM mulls selling Bt25b CD, funding NPAs acquisition in 2H, sees lucrative opportunities in tourism segment. Comment: Would be amusing to see […]
Read More →CHEWA approached by AIMIRT to invest in its ready built factories & warehouse in Amata City IE Rayong for Bt500m, expects transaction completed within 3Q following unit holder approval. GULF sees 35% revenue growth next year to Bt50b on higher revenue recognitions, keeps 10% growth target this year, wraps up one M&A deal oversea and […]
Read More →ADVANC wins court battle against NBTC, who tried to force ADVANC to pay Bt7.2b remedy packages to 900MHz subscribers. Comment: So the NBTC just wasted our taxpaying money, no surprise. ITEL: signs a data service contract with KTB worth Bt 165m, lifts backlog to Bt 4.53b, target 20% CAGR over next 3 years. Comment: Anyone […]
Read More →BGRIM’s expected to get license to import 500-600K tons of LNG per year today, after GULF got their license yesterday to import 1.7m tons. Comment: A license to print $ BOT fined BFIT Bt3.155m for overcharging for assets appraisal. Comment: A small fine…how does this prevent firms from playing a fool INTUCH signs Singapore partner, […]
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 →EA upbeats 1Q earnings from higher revenue recognition yoy from 664mw capacity, mulls to revise down full year revenue growth target from 30% as EV business and biodiesel are taking hit from virus, seeks M&A to boost capacity. Comment: EV business….sorry but with the issues surrounding the raw materials for this battery tech I don’t […]
Read More →BEM sees March tollway traffic -25.8% yoy, MRT ridership -29.2% yoy, expects bottom out in April. Comment: It probably should bottom in April, the question on people’s mind will be recovery potential. DOD upbeats on 1H earnings from strong sales momentum of alcohol gel and sanitizer products, mulls to raise capacity to 500k bpd from […]
Read More →KBANK will likely revise financial target this year after the bank’s research unit estimated that the economy will shrink 5% in 2020 amid the pandemic, said CEO. GULF to propose par split from Bt5 to Bt1 at AGM today. Comment: This was announced a while ago, and we wonder if the retail trade for this […]
Read More →There were 413 Buy transactions last week! Notable Transactions Buy(s) THB 1.2 bn MINT – One of the major shareholders decided to massively increase his stake. GULF – He’s backkkkkkkkkkkkkkkk SUPER – Rare to see a decent buy here EA – Perhaps by buying the IE from his son, it will create tangible value in […]
Read More →BAY expects 1Q loan growth shrink more than 10% yoy, sees sharp declines in new home sales, roll-out refinance package to draw mortgage clients. Comment: 1Q20 is a recession quarter, 2Q20 is still up in the air, 2H20 is, I suspect, a recovery period, and 1Q21 everyone will look amazing compared to the year before […]
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