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Thai Capitalist – “Stocks to Watch: BTS, KBank, and Samart News Highlights for February 2, 2026”

Article Summary:

BTS Group is launching an affordable housing initiative named “Baan Chao Thai.” This program aims to expand beyond Bangkok condos by offering detached homes in provincial areas. It features a zero down-payment model designed for renters with monthly payments between THB 5,000 and 8,000. Financing support will come from the Government Housing Bank, making home ownership more accessible for many.

Despite this new direction, there are mixed opinions about BTS’s shift from infrastructure to housing. Critics have noted past failures in property projects, questioning whether this move marks a significant change in the company’s operational model. BTS Group Holdings Public Company Limited primarily focuses on mass transit, media, and property, famously operating the BTS SkyTrain system in Bangkok.

With a market capitalization of approximately THB 39 billion (around USD 1.25 billion), BTS operates in various sectors beyond transit, including advertising and services. The current share price is THB 2.28, and the 52-week range suggests fluctuations that investors keenly monitor.

Original Article:

Stocks in the news (bts, kbank, samart) 02.02.26

BTS

BTS Group – “Baan Chao Thai”: Affordable housing initiative to expand nationwide, shifting from Bangkok condos to provincial detached homes. Zero down-payment model targets renters paying THB5–8k/month, with financing support from the Government Housing Bank.

Comment: Well…I guess it’s no longer an infra company.oh but this doesn’t change our model” yeah…the last time they did a property project is was a flop.

BTS Company Background

BTS Group Holdings Public Company Limited is a Thailand-based holding company focused on mass transit operations, media, property, and services, best known for operating the BTS SkyTrain system in Bangkok and related transportation and advertising businesses.

Market Cap (THB): ~THB 39B (approximate)
Market Cap (USD): ~USD 1.25B (at ~THB 31/USD, approximate)
Current Price: THB 2.28 (latest close, 23 Jan 2026)
52-Week Range:

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