Market Update 01/07
The Trump vs Xi rhetoric has calmed down and therefore its all BUY BUY BUY
Read More →Tag: Thailand
Stocks in the news (arrow, chayo, gfpt, gpsc, gulf, jmart, work) 01.07.19
ARROW anticipates FY19 turnaround driven by recognition of Bt1b backlog from electrical conduit orders for infra and bldg. pj and lower SG&A, sees additional pj coming in the pipeline 2H. CHAYO in talk 4-5 financial institution to buy NPLs, t/g additional Bt2b loans in 2H from current Bt41b total loanbook, firms on 25% rev growth […]
Read More →Management Trades 24/06 – 28/06
Notable Transactions Buy(s) 72 mn WP – That’s an interesting purchase, changes happening? Sell(s) 190 mn HMPRO – The Chairman keeps dumping his shares.
Read More →WHTW Top 10: 24/06 – 28/06
Small hotels set to legalise ventures : Some 5,000 non-registered small hotels are expected to legalise their business after a recent order issued by the National Council for Peace and Order (NCPO). Bangkok Post Opposition takes charter change campaign to public : On 87th anniversary of Siamese revolution, anti-junta camp targets clauses ‘aimed at entrenching’ […]
Read More →Stocks in the news (amata, bem, ratch, mint, nwr, pppm, skr, super, thg, tipco) 28.06.19
Six private operators petition PM Prayut on BMA awarding 30 years concession to TRUE for underground telco cable projects worth Bt20b. Comment: Does anyone else not finding this contract to True to be f@#king scandalous? Oh yes and all approved whilst there is no government either. AMATA sees IE land demand surge on foreign production […]
Read More →Stocks in the news (7up, amanah, ptt, pttep, rs, sabina, spcg) 27.06.19
7UP paid Bt50m for 3 bio-mass PP in the South with 6MW capacity, CODs next year.Comments: So the values of PP’s have dropped tremendously since their highs of 80-100 mn baht / MW in 2012 AMANAH sees positive loan growth 2Q driven by demand from auto loans, will accelerate sales on seized vehicles in 2H […]
Read More →Stocks in the news (aot, delta, ggc, mbk, ple, pf, sappe, scb, sisb, trt) 25.06.19
AOT to seek board approval for TOR of Suvarnabhumi’s 3rd runway in Jul, seeks new govt to approve its Bt202 development plan, including in new airports in Phuket and Chiang Mai.Comment: I’m not holding my breathe whilst waiting for this to go through DELTA may see 2Q FX losses from strong THB. Comment: All of […]
Read More →Management Trades 17/06 – 21/06
Notable Transactions Buy(s) THB 42mn THG – And he’s back to buying shares again Sell(s) THB 1.9bn HMPRO – And the Chairman continues to sell shares, it does look like he’s effectively liquidating his holdings SGP – The Chairman here sells off a ridiculous amount of shares in what must be a block sale
Read More →Market Update 24/06
And whilst I was overseas last week the market decided to suddenly wake up on the back of ETF flows (probably) into the market and AOT announcing that they’re going to flnally earn a bit more from King Power.
Read More →Stocks in the news (anan, jubile, lh, ptt, rjh, s, tkn, vgi) 24.06.19
ANAN to adjust sales strategy by focusing more on existing stocks and expansion in China, sees Bt300-400m recurring income from serviced apartment, reaching Bt1.8b in 2021. Comment: Questions are still around regarding the condo transfer market, hence why this name is still at 5x PE JUBILE sees strong 2H19 on seasonal and new products to […]
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