BAM may book Bt5.9b tax gain (DTA) this year, boosting overall net profit to Bt10b this year, Tabloid. Comment: This was supposed to be done in 4Q19, much to the surprise of all the IPO investors it didn’t happen BCP shuts refinery’s canteen for 14 days aft discovered QC inspector infected Covid-19, arranges big cleaning […]
Read More →ANAN to book rev from serviced apartment as recurring rev worth Bt300m from 2 newly finished pj, targeting Bt1,800m by 2022. Comment: And then the annual CF of this developer becomes a bit more stable. The majority of the real estate developers are/have shifted to this model ASK: Bualuang AM cut holding by 0.1562% to […]
Read More →AOT’s current duty free operator, King Power, awarded a 11-years DMK airport duty free management concession from FY22-FY33. Comment: Well that was quick BBL to compete with Sumitimi Mitsui Financial for StanChart Indon. Comment: No more growth nor NIM expansion left in Thailand, Indonesia does look like a far better bet for the next 10-20 […]
Read More →AWC to be added to FTSE All World at close of Oct 17, estimated inflows of $48m, Kao Hoon. Comment: Just funnymentals here. KBANK appointed Kattiya Indaravijaya to succeed outgoing CEO Banthoon Lamsam, who becomes chairman in a reorganization after FY20 AGM. NOBLE founder, Kitti Thanakitamnuay, sold remaining 17.66% (80.593m shrs) at Bt22.82 to Crowne […]
Read More →Notable Transactions Buy(s) THB 2 bn NOBLE – The two new big boys buy control from Kitti. CGH – Share swap amongst family members PSTC – The Chairman buys again Sell(s) THB 887mn CGH – See above NOBLE – I suppose the two new big boys had to raise some cash? JKN – Despite his/her […]
Read More →Notable Transactions Buy(s) THB 26 mn N/A Sell(s) THB 207 mn NOBLE – Another block sold out KTECH – Dead name ZEN – A big sell by the EVP/Director
Read More →AIE sees 2H turnaround from recovery demand for B10 biodiesel on government promotion, eyes 20% revenue growth this year. BEAUTY, ANAN, PSL, TKN, ERW may be taken off the SET100, with the arrival of AWC, Tabloid. Comment: Well 5 companies are not going to be removed because of 1 company CHAYO allots Bt1b budget to […]
Read More →AP’s 1H19 presales stood at Bt20.8b, +20% or 50% of Bt41.8b this year target, plans 23 new projects worth Bt27.265b in 2H. Comment: What real estate crisis? Of course the question lies in whether or not the projects transfer CPF expects windfall from ASF swine outbreak in Vietnam, sees swine price and sales volume recovery […]
Read More →ANAN ANAN expects 3Q18 earnings to be outstanding and it expect transfers to increase in 4Q18. It plans to launch three property projects with total value of Bt6.86bn this year. It expects presales of Bt10.05bn and transfers of Bt18.51bn this year. (Thun Hoon, 5/11/18) Comment: But the overhang from the BOT announcement combined with a […]
Read More →A lot of deals have taken place in the past few months, we’ve had a change of major shareholders in NOBLE, GLOW being acquired by GSPC, and LH’s founder going for another 10% in his co. And now the latest one is SPALI w/ MK, although granted back in the day a related family member of […]
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