AEONTS reported 3Q24 (end of Nov 24) at Bt788.57m, +11.7% yoy, beats Bt687m consensus, thanks to Bt94m gain on disposal of AEON Microfinance (Myanmar) in Nov 2024, operation wise PPOP came in at Bt2.6b, -4.9% yoy, -12.6% qoq, loan port -4.4% yoy & -1.8% qoq, NPLs -0.3% qoq to Bt5.3b but NPL ratio increased due […]
Read More →Thailand, it’s the playground of Asia, and as THE playground of Asia it’s been missing a legitimate casino. Over the past few months there have been rumours and murmings about the casino project in Thailand, and similar to what I did with the cannabis plays, That Sweet Weed, here’s a random list of Thai companies […]
Read More →The breadth of buying was tremendous…but nothing off the charts like the few sells seen. Notable Transactions Buy(s) THB 100 mn Sell(s) THB 1.28 bn
Read More →Notable Transactions Buy(s) THB 612 mn Sell(s) THB 83 mn
Read More →AKR reaffirms solid 2Q from Bt100m transformers sold to GULF, tailwind from maintenance contracts, majority of Bt1.5b outstanding backlog to realize in 2H, maintain 10% FY revenue growth target. Comment: Transformer sales should go higher given the fact that Thailand is putting more rubbish renewable energy into the grid… ASW reported 1H24 residential sales , […]
Read More →CPALL: sees positive SSSG and wider margin qtd supported by recovery consumption, improves product mix & 7-11 branches expansion in Laos & Cambodia. Comment: How many of you were surprised by that 1Q? The dog has finally awoken. ITD: Bt122m -60% yoy, GPM fell to 7.31% from 10.8% yoy due to losses in mining project […]
Read More →AAV’s introducing new direct flights between BKK-Kaoshsiung, Taiwan to boost tourism in key city, enhance traffic between BKK-Chiang Mai route starting Feb 24. NBTC board approved ADVANC’s takeover of TTTBB, as expected, subject to certain safeguards to protect consumers, such as keeping the lowest-priced pre-merger package available and ensuring service quality and price packages are […]
Read More →AOT: Scandinavian Airlines (SAS) launched direct flight from Copenhagen to BKK for winter schedule (Oct 30 till Apr 2, 24), the first direct flight after suspended for 10 years. Comment: They didn’t make money the first time around, so they will now? CPAXT plans to invest Bt25-27b in FY24 to expand Makro wholesale, Lotus’s grocery, […]
Read More →AU: reaffirms rec high rev in 3Q supported by positive SSSG via dessert café, larger branches network yoy at 60 outlets vs 44 in 3Q22, sees margin improved aft revamp suppliers. Comment: Their outlets are all still completely full. HANA: seeks up to US$ 106m via overnight placement 65m shares offered at price range Bt […]
Read More →Notable Transactions Buy(s) THB 220 mn Sell(s) THB 67 mn
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