I can’t think of a better picture for the Thai market at the moment. At the end of the day, all of these names have fallen or are falling for valid fundamental reasons. CPAXT and CPALL due to the potential investment into Seven & I and the potential stress on their respective balance sheets. OSP […]
Read More →AOT: liquidity problem on King Power duty free is expected to weigh on future earnings due to uncertainty of rental fee collection, potential provision, tabloid. Comment: Didn’t realise that even King Power has CF issues (there is a good conspiracy theory I’ve heard…you may use your own imagination…) PLANB: board approved acquisition of digital billboard […]
Read More →Notable Transactions Buy(s) THB 3.7 mn Sell(s) THB 0 mn
Read More →LTS: affiliates co., SIAM AI, installed 2 units of Nvidia Grace Blackwell system, GB200 NVL72 GPU, Bt100m each to accommodate extremely large AI model will takes delivery additional 46 units by end of-May, allots additional Bt50m for network & server upgrade to accommodate hyperscaler clients. Comment: This was a pumped name in 2024…let’s see how […]
Read More →AOT’s expected to report after close Bt5.75b 1Q25 (ending Dec24), +23% yoy, on recovery in passenger and flight volumes. ATP30 eyes 10% FY25 revenue growth target driven by larger shuttle fleet clients base yoy, to branch out from industrial clients to tourism sector to diversify earnings, expand sector covers, mulls expand fleet size to 760 […]
Read More →AOT: Transport Ministry sees surged demand for flight slots for an upcoming summer schedule from Mar 30 till Oct 26, expects govt new measures attract more international arrival & spur demand for domestic travels. CCET reported Jan 25 electronics components sales at $366.95m, +4.76% mom, +18.7% yoy. Comment: Refer to the Taiwan listed entity to […]
Read More →B’s keen on high dividend payout (70-80%) rather than buyback, aims to use capital to expand consumer credits (digital lending, credit card, auto title loan), firms on plan to pursue virtual banking license, low credit cost is vital under stagnant loan growth environment. Comment: No surprises for why this is the case…until the government gets […]
Read More →Thailand deserves an applause for being one of the worst performing markets this year and it’s only 1 month into 2025. As the smartest man in Thailand commented: “…it can be said that Thailand’s socioeconomic structure has always enabled the ruling classes to be lazy, complacent and ignorant. The Chinese immigrants that provided the vitality […]
Read More →Notable Transactions Buy(s) THB 30 mn Sell(s) THB 203 mn
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