Notable Transactions Buy(s) THB 101 mn KUN – I presume that this is a swap between husband and wife Sell(s) THB 1.8 bn PRINC – Founder dumps 5%, publicly said this is to improve the free float of the shares. And another director dumps shares. TAKUNI – She halves her stake from ~19% to ~9% […]
Read More →E-service tax brings in B6bn: The Revenue Department has collected almost 6 billion baht of e-service tax from foreign operators during the first 10 months of fiscal 2022, surpassing the target by 951 million baht. Bangkok Post Landlords jittery over seizure risk: Government plans to claim vacant plots. Landlords in the hotel sector have raised […]
Read More →Week 22/08 – 26/08 KDH VN BoD has approved the plan to issue VND800bn worth of 3-year unsecured non-convertible bonds without warrants via private placement. Par value will be VND1bn apiece with the fixed rate of 12%/year (interests will be paid semi-annually). The issuance is expected in 3Q22 at the latest. KDH plans to use […]
Read More →GULF: keeps 80% FY22 revenue growth target from higher capacity yoy, full year recognition of GSRC unit 1/2/3, contribution from INTUCH, sets Bt120b 5-year capex FY22-26 (60% for renewable, 20% large pp, 10% digital biz, 5% infra, 5% LNG), will conclude 2-3 M&A overseas pp by end of year, keeps investment plan in blockchain ecosystems […]
Read More →ANAN expects 3Q turnaround from transfer of Bt7b Ideo Rama9-Asoke condo projects, will launch 5 project by eo-September, maintaining Bt13b FY transfer target. Comment: Ah a former darling that has fallen from flying too close to the sun. When the situation goes from shit to bad – watch for the share price recovery. IIG maintained […]
Read More →ABM signs Bt2b contract to supply eucalyptus wood chips to Chinese customer, over 12 month period, with revenue coming in from 3Q22 onward. Comment: Been a steady grower in revenue over the past 5-6 years but this isn’t shown in the bottom line. SGF plans to double dealerships from 10 currently, boosting motor-bike financing, sees […]
Read More →BPP upbeats 3Q earnings from additional capacity from Chu Ngoc solar & Nhon Hai solar projects in VN total 50mw, higher electricity & steam sales from 3 combined heat & power (CHP) in China, in process of due diligence on 2-3 pp M&A in the US combined capacity 2k mw, maintaining 5.3k mw target by […]
Read More →AU upbeats 2H earnings from improved traffic at dessert café as dine-in grows, recovery margin after repriced menu in March, plans to add more standalone shops from current 4 stores to boost grab & go sales, will open 2nd HK branch next year. Comment: Perhaps one of the last lagging f&b/tourism plays. J keeps 10-15% […]
Read More →So is the market recovery done for now? Or will the pain only be in the currency market (baht is back to USD/THB 36 as of writing). 2Q22 earnings for the market were fantastic and surprised most analysts. Fun times.
Read More →Note: Earnings season overrrrr and transactions are back in size Notable Transactions Buy(s) THB 408 mn NCL – The MD just bought out the CEO, ~11% of total shares. BANPU – He bought the warrant and sold the company shares. JMART – And the founder is still buying, another THB 36 mn Sell(s) THB 406 […]
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