BAY sets 5% home loan grwth t/g frm dmnd frm foreigners, boosting outstand loan grwth to 7%, capping NPLs at 2.4-2.6%. COL sets 10% rev grwth t/g frm 5-6% sales grwth at existing B2S stores, sets Bt500-600m capex for 20 new stores, mulls listing of MEB in 2 yrs. Comment: It’s a bit ridiculous that […]

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Prayut set to make PPRP campaign bow : PM tipped for rally in Nakhon Ratchasima . Prime Minister Prayut Chan-o-cha is expected to make his public debut as the prime ministerial candidate of the Palang Pracharath Party (PPRP) and address voters in Nakhon Ratchasima, his birthplace, this Sunday. Bangkok Post NESDC keeping an eye on […]

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BTS reassures solid 4Q18 (eo-Mar19) from full qtr contribution of skytrain operating rev for south green line extension and tailwind from subsidiary, VGI. IRPC sets Bt105b 5-yr capex, seeks board approval for Bt40b MARS pj mid-yr, t/g $100m EBITDA for GALAXY pj. MINT sees rev doubled in FY19 on full yr contribution from NHH and […]

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AMATA reports 40 acres IE land sold for Jan-Feb, expects big jumps from +30% repricing and tailwind from utility biz. Comment: Seeing is believe, 40 acres is…nothing, and far below what they’ve been saying they would achieve for the past few years ASIAN upbeats FY19 earnings from healthy demand for pet food, in talk partners […]

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BA to expand CLMV routes this yr, as it invests Bt1.815b in the purchase of 2 aircraft, sets 3.5% rev growth t/g, 3% psx growth to 6.16m, bids for duty-free concession with 2 partners. Comment: Valuation wise it is cheap given the holding of BDMS. And this is shown in the share buyback program. But […]

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AOT to propose plan to build 2nd terminal at Suvarnabhumi to Transport Min next week, citing urgent need as total passengers this yr is expected to reach 70m, vs 45m capacity. Comment: Although when you walk around the airport you’ll see that they could simple man each desk at immigration and the security lines and […]

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ARIP branches out from event organizer & media publication to digital services, aiming to capture demand for turnkey digital platform for corporate, target 10-15% revenue growth this year. BCP target FY19 EBITA growth >30% driven by higher cracking capacity at 115k bblpd +12% yoy thanks to absence of maintenance shutdown, sets Bt14b capex for ethanol […]

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And the start to the month has been mehhh. The initial rebound from the beginning of the year which looks to have just been a recovery from the shellacking in the 4Q18 may be over for now. FY earnings are out and I didn’t see anything encouraging, other than relatively clean balance sheets for the […]

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