AP’s 5M19 presales reaches Bt17.5b, mulls 1 new condo projects in June, sets Bt600m for 3 service innovations including home maintenance and security to improve customer satisfaction. DIF to buy Bt15.8b new assets from TRUE by August 19, boosting yield to >7% in 2021. GGC maintain shutdown methyl ester & fatty acid plants from June […]
Read More →Note: I’ve decided to add P/BV Ratios and Dividend Yield (12 months trailing) Notable Transactions Buy(s) THB 59.6 mn WP – The CEO buys a decent chunk of shares thereby increasing her stake to north of 10% Sell(s) THB 13.4 mn N/a
Read More →AOT to announce winner of auction of duty-free contracts for provincial airports at 10am. Comment: It’s going to be fun! BAY’s Krungsri consumer suspends nano finance lending, Taokaetanjai program, sees NPLs accelerates. BDMS teams up Viriya insurance to provide health protection for upscale clients, seeks to add more insurance clients in portfolio. Comment: The government […]
Read More →It’s all about Trump and US vs China, and US vs Mexico and US vs you name it. Though I turn my eyes towards the movements in the currencies far more. The USD has been weaker than I expected this month and that’s led to markets across the board (commodities, equities, bonds, etc) performing better […]
Read More →Thai export growth slashed to 1% : Shippers call for war room to be set up amid prolonged trade tensions between US and China . The Thai National Shippers’ Council (TNSC) has slashed its export growth forecast for this year to 1 per cent due to the prolonged US-China trade war, and has urged the […]
Read More →(+/-) SET50/100 – Brokers have begun calculating the potential SET50& SET100 for 2H19 using the closing prices as of 31 May. Officially they’ll be announced by the mid of this month. SET50 Expected Additions: OSP, SAWAD, Expected Deletions: CENTEL, SPRC SET100 Expected Additions: OSP, TPIPL , JMT Expected Deletions: GOLD, ANAN, WORK (+) 19 Single […]
Read More →BEM to test run blue line MRT extension, Hua-Lampong-Lak Song, 27 km 11 stations from Aug 12, target cod from September. BJC reaffirms 2 digits revenue growth this year from BIGC hypermarket expansion, target full year SSSG above 2%, in talk clients to secure can packaging order, expects to wrap up 2H. EPG’s firm on […]
Read More →AMATA expects jump start investments in EEC area following clarity of formation of new govt, sees IE lands trnsfr accelerate in 2Q, in talk to sell 320 acres land to clients, m/t 430 acres full yr sales t/g. Comment: Both WHA and AMATA are betting heavily on the EEC plan to pull them through AU […]
Read More →The period between 1Q earnings and 2Q earnings are always the most fun because there is no real corporate announcements and everything is less driven by the recent announcements and purely market demand/supply for each name and the market/industries. So let’s see how the next 3 months perform. Ah yes and there’s still the US […]
Read More →Admin Court issued a verdict dismissing claims by TOT against DTAC (Bt246b), TRUE (Bt59.6b), ADVANC (Bt5.45b) on access charges. Comment: And thats a boon to all the major players esp DTAC AOT cut FY19 revenue growth target to 5% from 10%, revised down full year tourist arrival growth target to 5-6% from 6-7% from impact […]
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