AOT: HK Express will launch new route from HK to BKK (DMK) effective Apr 25 in addition to flights to BKK (SIA), Phuket, & Chiang Mai. Comment: Don’t discount the upside…the numbers are just going to continue astounding and I’m feeling rather certain that Thailand will hit another infra bottleneck within the next decade for […]
Read More →CRC sees >20% sales growth in 1Q on Easy E-Receipt program, sets Bt500m for the Great Chinese New Year 2024 from Jan 10 – Feb 20. Comment: I would like to see a government remove this type of fiscal stimulus to know what real demand is. CMAN with KMC Indian JV to build world class […]
Read More →BCH’s firm on Bt13b revenue target this year, helped by solid 3Q on seasonal. ICHI sees record sale streak extended in 3Q on higher green tea sales both domestic and abroad, to introduce new Tan San Su favors and expand OEM, raised sale target growth to 20% to Bt7.6b, from Bt7.3b. Comment: One of their […]
Read More →AP: venture co, with Mitsubishi Estates to launch Bt8.6b hi-end project, The Address Siam-Ratchadhevi, pre-sales kick-off Aug 26-27. Comment: Given that ANAN is dead, I wouldn’t be surprised to see only the “qualified” long term players in the market partner with the large Japanese investors. ICHI: revised up full year sales target to Bt7.6b frm […]
Read More →ATP30 sees solid growth in 2Q, on lower costs and returning fleet from scheduled maintenances, in talks with 3-4 new EV customers, expecting a fleet of 20-30 EVs. AURA upbeats 2H outlook from surged demand from gold trading, contribution from gold for cash business, expects jewelry sales momentum pick up 4Q on holiday season, keeps […]
Read More →ASIAN cuts FY23 revenue target to Bt10.7b from Bt13b prior from due to soft seafood & pet foods exports caused by high inventory level of overseas trading partners, keeps Bt1.3b capex plan to revamp automate pet food production line, replacing new boiler & solar rooftop to improve efficiency, reduce energy & labor costs. Comment: So […]
Read More →ICHI mulls selling international franchise of its JPN restaurant, Oishi Biztoro, seeks to expand selling channel via multiple formats to expand coverage, plans to open 30 new restaurants over next 3 years as dine-in recovery, focus costs management to stretch margin. Comment: Because they haven’t done well with it.. KTB in collab with BJC to […]
Read More →BANPU to increase investment this year by 58.5% to $1.3b, mainly in energy generation ($700m) and gas business ($500m), with internal cashflows. Intalks to buy new PP with capacity expansion to at least match last year’s 800MWs rise, coal sales 42-43m tons expected this year. Comment: It’s indo sub is paying out 25% divvy’s on […]
Read More →National Telecom (NT) is in talks with ADVANC for a partnership deal that would see ADVANC purchases 10MHz of bandwidth on the 700MHz spectrum range from NT. Comment: See there are still 3 telco players in Thailand. EKH anticipates solid 1Q from RT-PCR tests on resurgence of 5th wave, will cod elderly care home & […]
Read More →AJA raised holding in trading co, Youtai, from 49% to 100%, aims to have full control and boost export traffic to China. AOT reaffirms 3 expansion plans at Suvarnabhumi airport worth Bt56.9b, to spend 9 months on feasibility study. Comment: When you begin flying around the country again, you’ll be surprised by the expansions done […]
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