AOT: AOT released their latest flight/passenger figures last week, and things look awful with passengers -28% for the first week of Feb, expect for this rate of change to increase for the rest of the month. The first step they’ve done to counter the drop is to reduce the landing fee and now there’s news […]
Read More →AMATA expects big-jump this year transfer of 20 hectares lands from 3 industrial estates in Vietnam, target FY20 pre-sales from 3 sites topped 37 hectares aft hit by delay permit last year, will book Bt2.1b revenue from disposal of 49% in Amata City Long Thanh 1&2 in 2H20. Comment: Harrrumpph, they’ve been touting about AMATA […]
Read More →Anything interesting over the weekend? Sure, the Government did their job and approved a budget (only 3-4 months) The 5G bids happened, hello less dividends for all shareholders. Putting things into perspective this year we have seen: A scuffle in Iran with the US taking out a prized target COVID-19 And the SET is only […]
Read More →Notable Transactions An oddly quiet week of transactions. Buy(s) THB 5mn N/a Sell(s) THB 2 mn N/a
Read More →BAY mulls to cut FY20 loan growth projection from current 5-7% from challenging econ conditions, aims to curb NPLs below 2.5%, sees no impact on NII from BOT’s plan to revamp fees structure. Comment: Second to TCHART, BAY has been consistent performer for the past few years KBANK’s 10 days buyback program kick-off tomorrow (Feb […]
Read More →Notable Transactions Buy(s) THB 27mn N/A Sell(s) THB 13mn N/A
Read More →Look for a horrible 1Q20 for almost every sector, and then a recovery (of sorts). What does it mean for the market, well has the market hit peak fear yet?
Read More →A study in panic : The coronavirus outbreak could kneecap the tourism and export sectors, though lessons learned from the Sars epidemic may lessen the blow. The novel coronavirus outbreak in China and other parts of the world has struck fear among the masses, with a global health emergency declared by the World Health Organization […]
Read More →ADVANC FY19 came after close at Bt 31.19b +5% yoy; missed Bt 32.18b consensus, pays interim Bt 7.34 dps, XD Feb 19. Comment: It’s a dividend payer, if 5G bids and capex are too strenuous it should comfortably maintain its DPS ratio, perhaps even an increase? AOT: report Feb MTD passenger arrival at SIA drops […]
Read More →AAV may save as much as Bt800m after Cabinet cut jet fuel tax from Bt4.726/liter to Bt0.20/liter, Bt300m for THAI. Comment: But it may not make up for the loss in demand. ADVANC, TRUE, DTAC, TOT and CAT have all submitted bids for 5G spectrums, with ADVANC and TRUE said to be vying for 3 […]
Read More →