Week 10/07 – 14/07 Company cii.vn, hbc.vn, hhv.vn, hvn.vn, pow.vn, vcb.vn, vhm.vn, CII VN: had a total of 2 early in June redemptions of bonds with a total value of VND640 bn for the CIIBOND2020-04 bond lot. Comment: They could really be a strong position going forward… HBC VN: plans to issue another 274 mn […]
Read More →BCP: SSO raised holding by 0.1067% to 15.093% on Jul 10. Comment: Great time to exit. BH firms on double digit revenue growth target, supported by high seasonal 3Q, sets Bt4.3b capex for 150 beds Phuket’s boutique hospital to cod in 2025. ERW sees 3Q OCC ex-Hop Inn steady from 2Q at 80%, ADR higher […]
Read More →BCPG acquires 25% stake in Hamilton Holding to obtain indirect interest of 2 natural gas power plant (848mw & 857mw), transaction completed on Jul 12. CPN in collaboration with J.Front Retailing of Japan in joint R&D, connecting Thailand and Japan, unveils Bt135b capex 2023-27 in >200 projects. Comment: Continuing to cement their status as the […]
Read More →ATP30 in talk RP to provide tourists shuttle services for travelers visiting Samui Island via ferry, seeks to branch out from factory clients in industrial estates to tourism sector to expand coverage, balance revenue mix. GIFT: par changed to Bt0.5 form Bt1, co., name changed to Gift Infinite, ticker remains unchanged, effective today. Comment: No […]
Read More →ATP30 sees solid growth in 2Q, on lower costs and returning fleet from scheduled maintenances, in talks with 3-4 new EV customers, expecting a fleet of 20-30 EVs. AURA upbeats 2H outlook from surged demand from gold trading, contribution from gold for cash business, expects jewelry sales momentum pick up 4Q on holiday season, keeps […]
Read More →BDMS sees year-to-date fly-in patients reach 30% of total rev, potentially hit 35%, above pre-covid level by end of year, allots Bt1.8b to adds 3 hospitals, seeks to expand market share from SSO patients, eyes 6-8% FY revenue growth target. Comment: And that’s the best growth you can hope for, as they’re a behemoth now. […]
Read More →Strip out delta and gulf and the market is at 11-12x trailing earnings. I still think the market “mini-crash” is done. STARK overhang is done, political overhang to be over this month as the government gets formed. The negative YoY comps will begin to reside and look positive again in 2H23. Fun times ahead.
Read More →Notable Transactions Buy(s) THB 58 mn Sell(s) THB 79 mn
Read More →Week 03/07 – 07/07 Company fmc.vn, hbc.vn, hah.vn, hvn.vn, kbc.vn, mbb.vn, nvl.vn, pet.vn, shb.vn, ssb.vn, vcb.vn, vcg.vn, vgc.vn, vhc.vn FMC VN: recorded, in 6M2023, sales of $86.7 mn (VND2,063 bn) (-20% YoY). In June, sales reached $18.6 mn (VND443 bn). Comment: Looks like it’s the baby version of VHC, which is the baby version of […]
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