Thailand’s Exports to China
Great piece of information sent to us this morning from the clever lady that is M.L. @ MBKET.
Read More →Tag: Thailand
Stocks in the news (advanc, dtac, true, ihl, ivl, planb, pttgc, nok, spcg, tm) 04.02.20
ADVANC, DTAC, TRUE, TOT, CAT are expected to submit bidding for 5G licenses today, qualified bidders will be announced on February 11 and auction begins February 16 Comment: WHERE’S JAS? IHL wins contract to supply leather to US footwear, KEEN, production starts 2Q, expects to wrap up additional 4 contract this year. IVL cod 440ktpa […]
Read More →Market Update 03/02
Up and until the latest flu virus hit I was of the viewpoint that 2020 would see a recovery in YoY economic #’s Tourism figures would continue to improve Banking would still be weak due to the industry’s structural changes The THB/USD would be slightly weaker but not by more than -1% or so Property […]
Read More →Management Trades
Notable Transactions Note: Buys outweigh sells by 10x in numbers (not value) Buy(s) THB 94 mn THG – And the Founder continues to buy shares RS – That’s an interesting return by this shareholder/co-owner Sell(s) THB 0.6 mn N/A
Read More →Stocks in the news (bts, chayo, ohtl, planb) 03.02.20
BTS will kick-off trial run of Gold line (Thonburi-Khlongsan Iconsiam) in April, t/g cod North Green line extension 3 stations (Forest dept-Bangbua & 11th Infantry in 2H20. CHAYO upbeats FY20 earnings from larger debts under management yoy, anticipates wider margins from low rate environment, will add more NPLs in portfolio. Comment: And JMT should have […]
Read More →WHTW Top 10: 27/01 – 31/01
Crisis deals B50bn hit to tourism : The coronavirus crisis is likely to cost Thailand at least 50 billion baht in lost tourism income associated with China’s blanket ban on tourists leaving its affected cities, according to the Tourism Council of Thailand. Bangkok Post Govt ‘in full control’ of outbreak : PM moves to allay […]
Read More →Stocks in the news (advanc, bgrim, ivl, kbank, wha) 30.01.20
Arbitration Court orders ADVANC to pay Bt31b plus 1.25% interest to TOT on dispute over amended prepaid revenue sharing contract. ADVANC said it has strong financial to deal with this, yet will fight the case in admin court. Comment: This was a surprise to the market but it was well noted in the financial statements […]
Read More →Stocks in the news (aav, chayo, gold, kkp, lph, seafco, spali) 29.01.20
AAV expects to lose 300,000 Chinese passengers during 1Q20, as flights to China make up 30% of its total rev, to ramp up India and Japan routes. Comment: Well given the Thai government’s response to the virus I doubt that the international travelers from India and Japan are going to make up for the short […]
Read More →Stocks in the news (bam, d, dtac, ea, hmpro, tm, phol, jmt, lpn, sisb) 28.01.20
BAM may report Bt12b FY19 prft, +122% yoy and pay Bt1.3 dividend or 5% yield, and thrive in weak econ, Tabloid. Comment: If you think this should be trading similar to JMT then its worth 2x. But do realise that BAM’s business model is different. D’s appointed by Carl Zeiss Meditec AG to be sole […]
Read More →Stocks in the news (amata, bbl, cpf, gunkul, lph, scb, syntec, tm) 27.01.20
AMATA signs consortium with Dept of Urban and Housing and Development (DUHD) to develop smart city in Yangon Myanmar, AMATA will hold 80% of the projects. Comment: The share price has finally come off (with the market) but I still wonder where are these land sales? BBL no cash call plans for Permata acquisition, seeks […]
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