BBL expects 2Q NIM flat qoq from 2.5% in 1Q as cost of funding also drops from repricing deposits, sees no impact from debt moratorium as consumer lending account for marginal in portfolio. BTS sees full year ridership drops 10% yoy; but no impact to revenue thanks to cod of greenline extension stations, compensation from […]

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NBTC’s handed an official warning letter to a ADVANC’s unit, urging it to strictly ensure cybersecurity and data protection after the firm accidentally exposed its database of 8b internet records online without a password during a scheduled test earlier this month. BAM cuts 25 bps for all type of interest lending charged to clients to […]

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AOT said remedy packages offering to airlines will dent its revenue this year by 17%, in talks to reduce state prop charges and cutting other costs. Comment: Plus take into account the packages given to renters. Their earnings are gone for the year.  CBG will add more functional drink on shelf after sales of Woody […]

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BAY tightens credit screening for consumer credit clients especially Gen Y who earns <Bt30k/month, see NPLs, aims to curb NPLs from cards & consumer loans within 0.3% from current 0.2%. Comments: And should this generation of consumers lose access to credit which was freely available to the previous generation. Then don’t expect to see any […]

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AOT’s board gave nod to open bid for duty-free pick up counters at Suvarnabhumi and Don Mueang this December. CBG upbeats 2H earnings from new launch Carabao Green Apple energy drink sales, wider margins from in-house canning unit, improved bargaining power, and narrower loss from UK operation, firms on Bt2.3b FY19 revenue target. Comment: So […]

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ANAN reports Bt10.915b 1H presales, account for 30% of FY19 target of Bt36b, mulls 8 project in 2H worth Bt27b. Comment: Similar to AP, fantastic presale numbers, if the presale numbers continue on this positive trend then I wouldn’t be surprised to see the sector re-rate towards the end of this year AOT signed contract […]

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CBG CBG struggles to control costs. It cut expenses in subsidiary ICUK. It is focusing on increasing revenue in the Australian market with minimum sales of Bt100mn. As for market strategy in Thailand, it is focusing on marketing through “Cash Van” and “cheer ladies”. It expects this strategy will grow its sales by 10% next […]

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BANPU BANPU says it is not affected by Indonesia’s currency crisis. It has continued to invest in coal mines in Indonesia and it expects to increase coal reserves to a 15-year level, supporting demand from AsiaPacific. It expects 2018 revenue to grow 25%, backed by an uptrend in coal price. (Thun Hoon, 7/9/18) Comment: I […]

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ALT ALT is cooperating with Itron France SAS and has signed a contract for the development of a power network in Pattaya from PEA worth Bt715mn. (Kao Hoon, 14/6/18) APCS APCS expects to sign new projects worth Bt1bn, raising its backlog to Bt3.5bn. It plans to focus more on the construction of power plants and […]

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