In 1 month the THB has dropped -5% versus the USD. And we’re coming to the end of earnings season, which has been a rather fun period – summary will be up in 2 weeks when it’s all done and dusted. Note that this year it’s going to be a boom time for IPOs in […]
Read More →Notable TransactionsBuy(s) THB 411 mn Sell(s) THB 1.5 bn
Read More →Week 13/02 – 17/02 bcg.vn, bwe.vn, dgw.vn, kdc.vn, hax.vn, hvn.vn, msn.vn, nvl.vn, pc1.vn, pow.vn, stb.vn, vhc.vn, Company BCG VN: adjusted the plan to use VND2,667 bn in which BCG will cut off all the additional capital poured into AAA Insurance and use the money to lend to real estate companies. Comment: Capital allocation in VN […]
Read More →ASEFA announced buyback up to 17m shares account for 3.09% of paid-up under Bt70m budget for 6 months period from March 1 until end of Aug. Comment: That’s odd, not sure why, valuations don’t look unreseaonable. BVG: automates motor claims platform & software solutions, Blueventure Group, debuts IPO 157.5m shares @ Bt 3.85, KGI leads […]
Read More →ARIP reaffirms solid turnaround this year driven by organizing events backlog total 17 projects worth Bt124m, tail wind from digital marketing, creative content & e-learning solution to boost growth, eyes 30% FY revenue growth target. Comment: I do wonder about this industry, obvious tailwind, not sure if the local players can do as well as […]
Read More →AOT: cabinet approved MOU signed with Saudi Arabia to increase flights limit from 9 flights/week from each side to up to 42 flights/week, no flights limit for cargo, charter and code-sharing from both side. Comment: Here we go! GUNKUL and GULF to appeal Admin Court’s decision to revoke 32 land title deeds which is where […]
Read More →ALL will make partial payment of bond interest due, account for 20% of interest amount due on Monday to avoid default. Comment: They are bankrupt, this is just technical bs BAFS reaffirms big jump this year from strong jet refueling service rev on improved traffic, sees positive momentum carry thru 2Q on tight summer flight […]
Read More →AOT expects to see total passengers thru its 6 airports this fiscal year, ending September 23, at 95.7m, a 68% recovery vs pre-covid, and sees 141.57m in next fiscal year, which is at 99% of pre-covid level in 2019. Comment: Same story…..let’s see in 12 months AUCT upbeats FY23 outlook from strong traffic at auction […]
Read More →Wobbly time, no real corporate news flow. Turkey/Syria earthquake – positive for oil. Russia just cut back on some production, positive for oil. Until there’s something serious we’re going to reading about balloons and UFO’s being shot down. It’s time to send Will Smith to slap those aliens or for Tom Cruise to save the […]
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