Notable Transactions Buy(s) THB 7.3 bn OSP – Left pocket right pocket, though I think the seller is probably going to build a massive art gallery after receiving this pile of cash. MJD – Largest shareholder in the family here takes another ~3% of the shares, way below market price. JMART – And boom the […]
Read More →Notable Transactions Buy(s) THB 9.8 bn BJC – And the family continues to adjust their corporate holdings ACG – I’m assuming its the same as what’s occurring in BJC, i.e. a switch in family holding structure from personal to corporate. The company is a Honda automotive distributor. SO – The CEO and CFO bought up […]
Read More →NOBLE targets launch plan for 11 projects total Bt45b, target topline >Bt11b Comment: And yet we hear they are having to selling off buildings/units to the distressed funds. Then again who cares? They’ll get the capital back, retire the debt and reinvest into a new project in a “better location” PRM anticipates strong OCC on […]
Read More →BCPG expects to sign 600mw windfarm projects in Laos within 1H, sees room for additional capacity from 160k acres land, targets M&A 300mw this year. BGC expects meaningful turnaround from surging demand for bottle packaging on recovery consumption & F&B delivery trend. Comment: If you remember (https://www.thaicapitalist.com/random-thoughts-protests-bgc-bottles-it-cpall-not-a-monopoly/) I unleashed quite a bit into BGC (and […]
Read More →ADVANC sees marginal impact from tower dispute settlement with State-owned, CAT Telecom, after transfer 155 telco towers ownership to CAT & and rent back from CAT for 5 years from Jul 1,20, CAT will use space & maintenance service from ADVANC over the same period, estimate net impact Bt186m where Bt90m has already booked in […]
Read More →BJCHI said results of the 7 projects worth Bt13b it participated in bidding will be known by end of year, adding to Bt3.5b current backlog, the highest since 2016. KKP name changed to Kiatnakin Phatra Bank Pcl, effective tomorrow (Aug 20), ticker remained unchanged. Comment: I suppose they had to make it obvious… KTC’s P-Loan, […]
Read More →BJCHI’s confident of securing 20% of contracts it plans to bid in 2H20, while current backlog stood at Bt4.2b, the highest in 5-year. CPALL may report 1st quarterly losses in 2Q20 at -Bt81m, due to 21% drop in SSSG, Tabloid. Comment: This makes me giggle. AND they want to chuck even more debt on CPALL […]
Read More →Energy Regulatory Commission (ERC) expects ESSO, SPRC and IRPC to comply with Euro5 std by FY24; whereas, only 3 refiners PTTGC, TOP and BCP capable at the momentum, seeks to promote use of B10 & B20 positive biodiesel producers: EA, GGC, BGRIM, BCP. CRANE upbeats FY20 outlook from healthy demand for foundation work on infrastructure […]
Read More →ADVANC may report strong 3Q, the highest Q in 3 years, up 29% yoy to Bt8.8b, Tabloid. Comment: At the end of the day its just a financial #’s game AMATA upbeats IE land sales momentum as trade war persists, 400 acres out of total 4,400 acres landbank in EEC area ready for quick start […]
Read More →ALL to launch 4 condo pjs worth Bt12.45b in 2H, confident of Bt7b presales this yr. BTS to officially cod Green line extension (North) Ladprao station on Aug 11, additional 4 stations (Phaholyothin 24, Ratchayothin, Sena, Kassetsart Uni) to cod in Dec, remaining 11 stations in FY20. Comment: And they’ve made another investment into a […]
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