BJC to open 1st BIGC in Cambodia Poi Pet, with Bt300m investment, target Bt1m sales/day, sees seasonal 4Q to boost revenue growth by 4-5% yoy as planned. CK signs Bt6.6b Rama 3 expressway contract. COM7 sees record high quarterly profit in 4Q, +44% yoy, boosting FY19 up 33% to Bt1.18b, helped by strong iPhone 11, […]

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Commerce Min’s Intellectual Property Dept, in partnership with CPALL, yesterday kicked off a scheme to sell geographical indication (GI) products online. Comment: Shall we just call this the CP Government? CK to sign Rama 3 (4th contract) worth Bt6.6b on Dec 3, while winners of 1st and 3rd contracts to be known by December. IRPC […]

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Transport Ministry said he has full authority to revise BEM’s concession extension before the expiry date in Feb 2020. CP Group led consortium, including ITD, CK, BEM, signed a Bt224b contract yesterday to build high-speed train route linking 3 major airports, which is expected to boost economic development and create >100K jobs. Comment: And this […]

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AQ files lawsuit against KTB and its board, seeking Bt3.9b for breaching compensation payment terms. BANPU to cod additional 2 powerplants projects combined 71mw before end of year. CK wins contract to build integrated medical and public health center building for Thai Red Cross Society worth Bt2.16b.COM7 sees 4Q earnings from newly launched Apple products, […]

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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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AOT wants airlines at BKK’s Don Mueang International Airport to switch to wide-body aircraft in a bid to ease congestion at the LLC hub, expects Cabinet approval for Bt38-40b Don Mueang 3rd phase expansion to cater for 60m, as it would reach peak capacity by 2020. Comment: In 5 years, I’ll bet that Chinese tourists […]

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BEM: won arbitration on fare adjustment of second state expressway, authority (EXAT) required to pay Bt 1.048b for damage, EXAT may filing petition to request court to revoke arbitral award w/in 90 days. CK: mulls to bid for infra pj combined worth Bt 300b, expts to wins at least 20-30%, reassure Bt 30b FY19 rev […]

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AMATA sees positive momentum 2Q from strong demand for IE land from Chinese investors, expects sales jumps 2H from additional contracts signed, 60% of Bt3.6b backlog to realize this year, sets Bt100m budget to estimate IE in Myanmar. Comment: There has been zero momentum from AMATA… BJC pays Bt0.55 dps, XD May 21, will debut […]

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Notable Transactions Buy(s)  THB 744 mn FNS – Now thats interesting. The MD just bought a substantial amount of shares. I wonder what’s going to happen here OCEAN – Share swap between new and old owners MK – Another share swap between new and old owners Sell(s) THB 437 mn MK – See above OCEAN […]

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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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