ALL reports 70% presales in 1st day of launch at its Bt1.2b the Excel Lardprao.
Comment: Hmmmm lets see if the transfers are there
ANAN to review its investment plan for this year from the existing one of 10 projects worth Bt38b to factor in demand and conditions.
Comment: They have their earnings coming out and an analyst meeting later this week, it should make for good listening.
BAY firms on 13% FY19 motorbike hire purchase growth target above Bt20b aft Bt10.6b 1H19, aiming for 40% market share by year end from current 36%, expects sales amp up 2H ahead of new excise tax structure on CO2 emission for motorbike becomes effective next year.
Comment: And then this customers will become customers of MTC in the future.
BCPG in talk partner to expand hydro powerplants in Laos, finalize plans within 4Q, maintain 15-20% full year EBITDA growth target.
CHAYO in talks commercial banks to buy bad debt worth Bt5-8b, will wrap up deal by eo-3Q, reassures 15% full year revenue growth target.
HMPRO expects 2H SSSG recovery on seasonal, to add house brand products to keep margins within 26-27%, maintain 5-7% full year revenue growth target, will add 4 branches before end of year.
Comment: Despite the economic malaise in the country this company still somehow keeps performing
OSP’s unit M-150 energy drinks has been fined Bt12m by the Trade Competition Commission for using market dominance to restrict fair competition.
Comment: Well THB 12 mn is a drop in the bucket for a company like OSP but at least its a start that the Commission is doing something
TMB and TBANK boards have scheduled for a special meeting on August 7 before inking the merger deal with press conference expected on August 8.