AWC expects positive earnings momentum carry thru 4Q driven by strong OCC & RevPar on high season, larger food outlets & hotels network both qoq & yoy, newly coded Intercontinental Chiang Mai Mae Ping & Marriot Chiang Mai to boost earnings. BANPU sees coal & natural gas price ascending from surged demand for heat during […]
Read More →The planned takeover of TTTBB by ADVANC still awaits the nod of the NBTC board, with a meeting scheduled for Oct 25 as all key documents for the determination were sent to the NBTC office as of Oct 14.Comment: C’mon Sarath, just pay them and get it done. BGRIM’s subsidiary, RES Company Sicilia, buys 81mw […]
Read More →BH: anticipates rec high profit this year, sees int’l patients reached 65% of total rev above pre-Covid level, visa-free scheme for Chinese sets good tone for 4Q. Comment: Yes of course. ERW: completed acquisition of 3 budget hotels in JPN, comprising of 2 project in Iidabashi & Ueno Tokyo and 1 project in Kyoto, target […]
Read More →Notable Transactions Buy(s) THB 74 mn Sell(s) THB 29 mn
Read More →CAZ reported 4 EPC contracts signed total Bt798.43m. DELTA setups overseas unit, Delta Electronics Philippines (DEP), to distribute power management products, automations & data center & network equipment. Comment: We can laugh at the impact of DELTA has on the thai market, but they have grown their profits by 3x over the past 4 years. […]
Read More →JMT, CHAYO and CHASE are expected to benefit from surged bad debts in 2H, SME, Hire-Purchase and mortgage are top non performing, Prachachart. Comment: CHASE shouldn’t be lumped into this they’re a rubbish firm compared to CHAYO and far lower than JMT. LPN launches Bt2.1b Earn Amata, a residential project, which offers 5-6% avg yield. […]
Read More →Notable Transactions Buy(s) THB 376 mn Sell(s) THB 94 mn
Read More →BTG anticipates recovery margin 2H on improving chicken & swine selling price on seasonal exports, improved domestic selling price following crackdown in illegal import meats, eased pressure from feedmill costs as price topped out early this year, firms on 5-10% full year sales growth target. Comment: Could be time to relook at all the names […]
Read More →BANPU cuts full year coal sales volume target to 38.2m tons from 42m prior as power producers stocking remain high due to warmer than expected winter, focus on renewable, power storage, energy trading business to diversify earnings. Comment: Wait wait wait….it’s going to be hotter than normal now = higher AC usage = higher electricity […]
Read More →DELTA reported Bt3,614m 1Q net profit, +30% yoy, missed Bt3,849m consensus.DELTA par changed to Bt0.10 from Bt1, board lot changed to 100 from 50, tomorrow. Comment: The miss vs the stock split. Fun times coming for these shares. PTTEP to report 1Q today, Bt19.33b consensus. Comment: Finally printing $ and they’ll continue to for the […]
Read More →