BANPU to buy additional 50% in Springvale mine and Angus place in AU, transaction incurred no cash payment, will accept Bt864m liabilities for the purchase. BANPU raised stake in Australian mine from 50% to 100%, for Bt864m. Comment: Acquiring assets in the US and Australia. Tabloid reports BBL may book as much as Bt4b gain […]
Read More →AWC’s joined forces with Adrian Smith + Gordon Gill Architecture (AS+GG) on further development of Asiatique, mixed-use skyscraper pj, comprises of 2 5&6 stars hotels under Marriot Chain, commercial and residence pj under 36 acres complex, the largest on Chaophara riverbank. Comment: It won’t have a difference. Branded residences…perhaps in some locations throughout the world. […]
Read More →Just announced, the latest changes for the SET50, SET100, sSET, SETCLMV, SETHD, SETTHSI and SETWB indices, effective for 1H20. SET50 In: VGI Out: ROBINS SET 100 In: BGC, STPI, THG, TQM, VGI Out: ANAN, BLAND, ROBINS, SIRI, TVO And go to the link below to see the rest. Source: SET
Read More →ANAN sees strong 4Q and momentum into next yr with 7 pjs ready to transfer and Bt37b backlog, of which Bt5-6b to transfer this yr. Comment: The share price is trading at 10x 9M19 earnings…so if 4Q19 is at the company suggests then it would be close to 5x, and then if they just maintain […]
Read More →BC acquire 2 plots of land to develop 2 hotel projects in Lamai beach Samui and Sukhumvit road adjacent to BTS Nana station, announced dividend Bt0.11 dps, XD Dec 27. Comment: This could be an interesting name over the next 2-3 years. You’ll need to sit down and go through the business model and accounting […]
Read More →ACG upbeats 4Q earnings from strong vehicle sales ahead of year end, 11 more dealerships yoy and contribution from maintenance services, sets Bt200m budget to open 2 branches and expand relating business, target 20% revenue growth next year. BA to compete with King Power for duty free pick-up counter at Suvarnabhumi and Donmuang, result Jan […]
Read More →Let’s see…what is positive…ok the government is going to push through hundreds of billions of baht of infrastructure projects next year, and they claim that there won’t be any delays. And…that’s it. Protests have started again. It’s been quite a few years since the last ones…so things are returning to normal in Bangkok. At one […]
Read More →Notable Transactions Buy(s) THB 125 mn ACE – The family continues to buy shares PSTC – The Chairman is back to buying shares SABINA – That’s a big buy post the 1 day drop in SABINA. Sell(s) THB 74.9 mn N/A
Read More →Ministry restores rights for scheme : Some 1.1 million deprived registrants to receive rebate . The Finance Ministry has reinstated rights for the cash rebate to 1.1 million deprived registrants from the Taste-Shop-Spend scheme’s first and second phases in an effort to boost spending and economic growth. Bangkok Post UTCC: Confidence lowest in 67 months […]
Read More →AMANAH reaffirms big jump 4Q from strong demand for credit on holiday season, larger coverage from branches expansion and lower LLP after shift strategy to seize vehicle instead of settle with debtors on hire-purchase default AMATA signs JV Spore partner, Surbana Jurong Infrastruture, to provide consultancy service for entire projects under Amata Group. Comment: I […]
Read More →