GFPT is expected to report meaningful turnaround driven by margin expansion as feed mill costs significantly drop (corn & soymeal), healthy chicken exports sales vol & selling price, higher profit sharing from jv unit GFPT Nichirei (GFN) and McKey Food services. Comment: No surprises…usually 3-5 year story..I’ve whispered it enough times :p MASTER to open […]
Read More →AOT will start the search for a new CEO as incumbent Kerati Kijmanawat has submitted his resignation, effective April 24, citing personal reasons. Comment: Mr. T & friends want their folks in charge so they can handle kickbacks…I mean .. this is what a little birdy said .. I mean .. I am of the […]
Read More →BKA: home renovation services & second-hand home agent, Bangkok Asset Intergroup, debut IPO 60m shares at Bt1.8 apiece, Beyond Securities leads. Comment: Could the IPO fever come back? This one popped well and held the price. CPF acquires 23.8% of C.P. Pokphand (CPP) for $1.1b from Itochu, lifts holding to 100% of the holding co., […]
Read More →AGE sees no impact from coal sale target this year at Bt13b, from Bt17b overall revenue target, solid EVs business, sales’ expected to reach Bt2b this yr, while plan to transform into holding co to finish early next year. Comment: “No impact to coal sales” I believe I read somewhere that every form of energy […]
Read More →We’re still in Trumpy territory (amazing how quickly people’s memory has moved on away from the Earthquake, or perhaps it’s just me…) Regarding trumpy’s tariff’s – I look to the same playbook we saw back in his first term, ignore the media, it’ll most likely be one by one each tariff per country comes down […]
Read More →A short week during the songkran holidays. Nothing of note..
Read More →Company/Financials bid.vn, dig.vn, dpm.vn, kdh.vn, nvl.vn, pdr.vn, pnj.vn, stb.vn, BID VN: signed with IMG a comprehensive cooperation agreement for 2025–2030. The partnership aims to leverage each side’s strengths to enhance the value of IMG’s real estate and industrial projects, with BID providing banking services and funding support. DIG VN: Mr. Nguyen Hung Cuong, Chairman of […]
Read More →BBL: 1Q net profit @ Bt12.61b +19.8% y/y, beat Bt11.35b consensus, better than expected non-NII & lower than expected LLP able off set sluggish loan and soft NIM at 2.89% vs 3.06% y/y due to rate cut impact & effort to restructure debts with interest haircut after NPLs repeatedly relapsed. Comment: Oh – the banks […]
Read More →AAV: launches new route: Phuket-Medan, Indonesia, offering 4 weekly flights connecting world largest volcanic crater lake and beach town. Comment: Medan is the smuggling capital of Indonesia. I don’t see why it’s a connection point other than to placate a few wealthy folks (or could it be for labour?) why do I think this? Having […]
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