Management Trades 12/10 – 16/10
Notable Transactions Buy(s) THB 14 mn N/a Sell(s) THB 455 mn JKN – So he/she dumps another block of shares ~4.8% SFLEX – The Chairman of the ExCom dumps ~5% of shares.
Read More →Tag: thai shaares
Market Update 19/10
Well I was smacked in the face with the market reaction to these protests. I may write about the protests later…but its a non-violent movement, an excuse for the weak hands to dump the shares that that they don’t have confidence in. (or at least that is what I am telling myself) It’ll be interesting […]
Read More →WHTW Top 10: 12/10 – 16/10
First STV arrivals due next week : Two groups of Chinese tourists with Special Tourist Visas (STV) will arrive in Thailand on Oct 20 and 26, Tourism and Sports Minister Phiphat Ratchakitprakarn has confirmed. Bangkok Post FTI urges caution in carrying out new emergency decree : The use of an emergency decree is aimed at […]
Read More →Stocks in the news (esso, kbank, siri, tmt) 16.10.20
ESSO sets Bt1.2-1.5b capex to boost total petrol stations to 700 next year, and to improve efficiency at its refineries. Comment: That’s interesting, normally this company is fairly/slow quiet in terms of petrol station expansion. With PTTOR IPO’ing its could potentially be a blood bath in the industry in terms of declining ROIC’s per new […]
Read More →Stocks in the news (amata, chayo, epg, kiat, post, samart, sawad, seafco, so, tvo, nrf, cpall) 15.10.20
AMATA anticipates 2H earnings recovery HoH from improved recurring income and utility sales from IE as activities increase posted reopen, upbeats L-T outlook from increasing production base relocation and diversify land portfolio across CLMV. Comment: They wish that they were as clever/aggressive as WHA to expand into recurring income businesses CHAYO estimate asset management subsidiary, […]
Read More →Stocks in the news (alt, auct, bam, bbl, bol, jmart, nyt, rbf, so, tk, whaup) 14.10.20
ALT upbeats future earnings after branching out from telcos network infra business to traffic management software, sees increasing demand for automatic number plate recognition for parking-lot & traffic monitoring, eyes 500 licenses sold by end of 1H21. AUCT anticipates solid 4Q after raised entry fee on vehicles enter the auction from Bt8k to 9k/unit, improved […]
Read More →The anatomy of a rumour – TKN
A month ago I had heard a rumour regarding TKN potentially being acquired by an MNC. A: Initially I thought the the price movement on the 29th September when the share price moved to 11.50/baht (from 10) intra-day was the beginning of the move. Over the next few days we realised that this wasn’t the case […]
Read More →Stocks in the news (advanc, bgrim, ckp, delta, itd, jmart, thai, thani, tlgf) 12.10.20
ADVANC to boost revenue from digital entertainment app, AIS Play, above Bt1b within FY22, sees opportunity from large subscriptions base. Comment: I use their service ~4x a year to watch sporting events and stream it to my TV (as I did last night with the French Open), I don’t see how normal TV channels survive. […]
Read More →Market Update 12/10
I think the ST bottom is in for the market. Why? I still think commodities are ripe to take off for the next 3-5 years. I think the death of the banking/property sector has been priced in. I think that telco’s are going to stop fighting one another. When the above 3 sectors move the […]
Read More →Management Trades 05/10 – 09/10
Notable Transactions Buy(s) THB 264 mn ALT – The President and the Director take a combined ~5% additional stake in the company Sell(s) THB 529 mn TQM – The founders sell out via blocks to institutional investors. TKN – Interesting that sister of the founder is selling.
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