IVL: divest PTA manufacturing facility in Portugal. Comment: A DIVESTMENT??? IVL SELLING? IT’S GOING TO SNOW IN THE STREETS OF BANGKOK! OR: expects marketing margin improve if government decided to lift price curb on diesel after state oil fund turns positive. Comment: Anti-oil play….voila….this could turbocharge…
Read More →A short coming week for the Thai market as the country is still waking up from it’s Songkran holidays. We’re in the midset of 1Q25 earnings season + dividend season – but this doesn’t matter as flows and emotions have continued to take over the market. Regarding trumpy’s moves…well I look at oil…anti-oil plays continue […]
Read More →Notable Transactions Buy(s) THB 327 mn Sell(s) THB 120 mn
Read More →JMART: Local prices of mobile and IT products are not expected to be affected in the near term by new US import tariffs, as most products are manufactured in Asia. However, costs may rise for new product batches in 4Q if raw material prices increase. Comment: Everything comes from China, Taiwan & Vietnam and Thailand […]
Read More →CCET reported March electronics components sales +11% yoy to US$ 332m, +2.66% mom, 1Q25 sales +15.8% yoy to US$ 1.02b. Comment: Oh, revenues’ still continue to increase. For those unware, taiwan co’s report their revenues (only) on a monthly basis KTC: credit rating upgrade to AA from AA-, stable outlook at TRIS, continuous improvement in […]
Read More →GULF in 70:30 JV with PTT to build a LNG receiving terminal in Map Ta Phut deep-sea port with carrying capacity of 5m tonnes a year to help it better manage imported LNG which will be supplied to its power plants. Comment: It’s amusing that the government is actively partnering with the crony capitalist vehicle […]
Read More →BCP’s Bt10b SAF factory on schedule to test run on Apr 25, adjusted estimate payback to 5-7 years from 3-5 years in previous feasibility as some jet fuel customers have postponed plans to legally require aircraft operators to enforce SAF usage. Comment: No one wants to waste money on this green $hit anymore. BEM: CK […]
Read More →First a physical earthquake, and now a market earthquake. Find the divvy compounders and hold on for dear life. If you love to trade – something I do at times – size smaller…. It’s going to be a funky period. Get some sleep.
Read More →Notable Transactions Lots of buying going on – but nothing in real value other than the usual power couple that is SPALI Buy(s) THB 500 mn Sell(s) THB
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