Jesus… -6% for the year, well there you go, it isn’t called amazing thailand for no reason. And that’s before today’s massive drop. Domestically, there’s been the continual noise on owners or the “value investors” that are being hit with margin calls, then you throw in the CPALL noise CPALL issues statement amidst 7-Eleven buyout […]
Read More →Notable Transactions Buy(s) THB 25 mn Sell(s) THB 194 mn
Read More →ADVANC’s broadband unit, 3BBIF, restructuring loan with BBL, interest will be lowered from MLR to MLR -2.9% on Bt5.45b outstanding loan in accordance with BBL facility agreement. BAM allots Bt8b budget to purchase bad debts this year, aims to scoop up Bt30b-Bt40b depending on quality, launch financial prog (Smart Garden Home), allows NPA buyers who […]
Read More →CP Group, major holder of CPALL, was approached by Seven & I founder family to join in management buyout of 7-11 convenience store chain to fend off a $47b takeover from Canada’s Alimentation Couche-Tard. Itochu & Apollo Global Management are among potential partners the family has reportedly sounded out. Comment: This is amusing. Some believe […]
Read More →MTC reaffirms solid 4Q24 from improved assets quality, positive momentum from consumer credit & cash collection. Comment: No matter what the economy is (barring a total crash), MTC seems to always do well, all thai governments bail out their customer class. SCC reports loss Bt512m 4Q24, -55% yoy, vs loss Bt839m estimate, due to Long […]
Read More →MINT forms venture co with JPN partner, Royal Holding, to develop 21 lux hotels in JPN by 2035. Comment: Active again…what am I missing here? It does feel like its picking up. OSP is expected to report sluggish 4Q from shrink domestic energy drink market share and surged marketing exp & FX loss from operation […]
Read More →EGCO completes divestment of its 49% ownership interest in RISEC 609mw natural gas power plant in Rhode Island to Shell Energy North America. KTC expects Government’s Easy E-Receipt tax rebate from Jan 16 – Feb 28 to help boost credit card spending in 1Q25, despite sluggish economy. KTC aims to issue 250K new cards and […]
Read More →FORTH sets >Bt10b revenue target this year on growth in all segments, with Bt4-5b target for Government’s Enterprise Solutions bids, focusing on high margin project with less competitions., sees solid growth in FSMART’s loan growth, and expand Tao Bin overseas. Comment: This will be interesting to observe… GUNKUL maintains Bt10b FY25 revenue growth target, sees […]
Read More →Notable Transactions Buy(s) THB 260 mn Sell(s) THB 75 mn
Read More →