BGC reaffirms solid turnaround from robust demand for F&B packaging from improved local consumption & tourism, tailwind from Songkran festive & domestic travel stimulus, wider margin from lower energy costs, eyes 10% full year revenue growth target. Comment: Earnings haven’t gone anywhere for the past 5 years, and Singha group has an issue since the […]
Read More →It’s still going to be a sleepy period for the Thai market, the country is effectively on holiday until the 2nd week of May and it’s earnings season with the financials starting, nothing pretty expected yet…they have to finally start writing off all the bad loans from the covid era…
Read More →Notable Transactions Buy(s) THB 540 mn Sell(s) THB 128 mn
Read More →Week 10/04 – 14/04 Company acb.vn, anv.vn, bcg.vn, bsr.vn, bwe.vn, dgc.vn, dig.vn, fcn.vn, fmc.vn, gvr.vn, hbc.vn, hvn.vn, kbc.vn, mpc.vn, mwg.vn, pan.vn, pnj.vn, ree.vn, shb.vn, vhm.vn, ACB VN: recorded, in 1Q2023, PBT of VND5,120 bn (+24% YoY), reaching 26% of the whole year plan. In 2023, ACB sets PBT target of VND20,058 bn (+17.2% YoY) and […]
Read More →ARIP sets 30% rev growth target this year, a record high, from Bt226m yoy, on recovering tourism. Comment: If that’s the case, it will be both all time highs for both revenues and profits. It’s been listed since 2010, but haven’t really looked into this name, could be a smaller example of a listed player […]
Read More →AH sees strong 1Q on seasonal, firms on Bt31b record rev t/g this year, supported by 4% growth in domestic car production growth, OEM, and easing chip shortage. Comment: Over time you have to look at AH as a steady 10% compounder, but with periods where they spike and then mean revert because at the […]
Read More →DELTA’s shareholders approved par split from Bt1.00 to Bt0.10, pending SET’s announcement on the date. Comment: And boom? Normally that’s the case, lets see this time around. FTI sets >20% sale growth t/g this year, on rising demand for water purifiers and filters, mulls new products and branches. GULF eyes few M&A in the US […]
Read More →So DELTA gets put on the cash balance list and voila and what has held the market up for the past year has wobbled. Amusing….well there’s still a stock split coming and a rather useless SET Management in place that allowed DELTA to join the SET50 and artificially inflate the index…or conspiracy hat on, this […]
Read More →Notable Transactions It’s going to be a quiet week or 3 given that Thailand is effectively on holiday until the 2nd week of May and earnings season is going to start again. Buy(s) THB 264 mn Sell(s) THB 264 mn
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