ACG sets Bt300m to expand AutoClik (Fast-Fit) branches to 20 this year, from 13 currently, and 30 by end of 24, to open its 13th in Phuket today. Central Marketing Group (CMG), a unit of CRC, and a leading distributor of >40 top global brands in fashion, beauty, watches, and tech segments, anticipates revenue growth […]
Read More →ACG to open Fast-Fit auto maintained garage in BKK at end of November, plans to add 12 branches next year tally total to 18, sees benefits from low capex requirement, fast turnover, healthy margins. AOT targets 483k flights, 62.13m passengers arrival for FY22, sees upside potential on aircrafts movement as China will host Asian games […]
Read More →ACG to open 3 new FAST FIT in BKK from late November, to complete total of 6 by end of year, plans promo in 4Q to boost sales, which should be better yoy overall. Comment: Not to be confused with a gym name, Fast Fit is their version of B-Quik/ACT ASIAN to list its subsidiary, […]
Read More →As I say with everyone, interpret as you see fit Data source: ourworldindata.org Date: 10 July 2021 (why? Because this is the latest data when # of tests is included)
Read More →ACG anticipates recovery sales 3Q from debut of All new Civic Gen 11, will add 6 branches of Fast Fit auto services by end of year. CKP may report a record Bt931m 2Q21 NP, as higher water flows in Xayaburi Dam boosted capacity, sees momentum into 3Q. ECL expects positive 2H loans momentum from hire-purchase […]
Read More →ACG upbeats outlook after branching out from auto dealership to maintain services business as drivers opted to fix rather replace amid outbreak, will open 2nd branch in May, target 6 garages by end of year. The Fed of Thai Industries (FTI) suggests the government use BCP petrol stations and factories nationwide as vaccination locations to […]
Read More →Notable Transactions Buy(s) THB 9.8 bn BJC – And the family continues to adjust their corporate holdings ACG – I’m assuming its the same as what’s occurring in BJC, i.e. a switch in family holding structure from personal to corporate. The company is a Honda automotive distributor. SO – The CEO and CFO bought up […]
Read More →ACG expects big jump 4Q from recovery sales from new launch Honda City hatchback & City hybrid, upbeats outlook on small & mid-size auto market as consumers prudent on spending. Comment: Love Honda’s but the overall industry trend isn’t that positive yet. AOT sees 47.91m passengers next year, rising to 110.88 in 2022, before getting […]
Read More →ACG moves from MAI to SET under auto sector, effective from July 1 onwards. BDMS has entered into an agreement with China-based Ping An Health Insurance to tap the lucrative Chinese medical tourist market, target Bt1-2b p.a. in revenue. BWG board approved listing of renewable pp subsidiary, Earth Tech Environment, on MAI, expects 2H turnaround […]
Read More →ACG branches out from car dealership business to vehicle maintenance and parts sales services, FASTFIT, to expand client bases and mitigate risk from weak auto market. Comment: I find this to be a difficult business to do well in, they are up against incumbents such as BQUIK and ACT, and these are rather deep customer […]
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