BCPG signs PPA 600MW wind PP in Laos to Vietnam Electricity Auth, expected COD in 2025. CFRESH upbeats 2H earnings from improving frozen shrimps export vol to EU, US, JPN, CAD on reopening, 100% utilization rate from 200ktpa production capacity, tailwind from higher THB revenue as export sales contributed 90% of total sales. III mulls […]
Read More →APCO kick-off exports cancer treatment products to Chinese partner in July, will add more anti-aging & slimming products on line-up in 3Q, mulls expand capacity as average order from China > 1 ton/month. Comment: Their business model is to peddle rubbish “health” products via MLMs. BGRIM sets Bt300b 10-year capex to boost capacity to 10,000 […]
Read More →Notable Transactions Buy(s) THB 22 mn N/A Sell(s) THB 420 mn III – Major shareholders sold a combined ~6.5% at 8/share (discount of -12%), wonder who this new buyer is. This is one of the company’s benefiting from the supply-chain issues.
Read More →Non-listed mall operator, the Mall Group, revised down this year sales target by 30% from Bt58b last year. Comment: Not listed, but interesting news nonetheless JKN, in cooperation with ICC Group, launches JKN Shopping, a home shopping channel, on JKN Dramax and JKN-CNBC web site. III announced buyback up to 10m share or 1.64% of […]
Read More →AOT to sign MOU with NBTC on November 27, offering 5G commercial services at Suvarnabhumi airport in May 20, the 1st in ASEAN. BGRIM’s Bt8b CD were fully subscribed, will use proceed to expand 3,000mw LNG powerplants in Vietnam. EPG sees strong 3Q-4Q (Oct 19-Mar 20) on seasonal, higher efficiency and lower petrochemical price, but […]
Read More →ADVANC’s ready for 5G auction with Bt62b available cashflows. Comment: It’s a yield play more than anything else AOT reports 141.87m passengers last fiscal year, +2% yoy, with international passenger growth of 4.4%, flights +2.41%. Comment: And look, there’s still growth, I think 4Q may be a bigger positive surprise than people expect in terms […]
Read More →III: buys 32% of cargo sale agent, Excel Air Cambodia (EAC) to expand access cargo sales for Emirate, ANA, Air China & Thai Air Asia in Cambodia, transaction to complete by end of-July. Comment: Not a bad move. ILM: furniture retailer, Index Living mall, debut IPO 105m shares at Bt 22 apiece. Comment: With this […]
Read More →BPP to cod 19mw JPN solar & 52mw China geo-themal powerplants in 3Q, 660mw out of 1,320mw SLG coal-fired pp to cod in 4Q (BPP hold 30%), 660mw phase 2 to cod 1H20, 80mw Vietnam windfarm will start cod 4Q20 till 4Q21. III anticipates 2H turnaround from surging cargo traffic on seasonal, new route launched […]
Read More →BEM reaffirms solid 2Q from strong tollway traffic & MRT ridership, expects big jumps 2H following debut of Blue line extension (Hua Lamphong – Lak Song) from August. Comment: And BTS has the same story as well BEAUTY signs 6 Chinese agents to distribute skin care products in China, target revenue from abroad surging to […]
Read More →AAV adds new route to Sihanoukville beach town in Cambodia, 4 weekly flights on route from July 1. Comment: Gotta love Airasia they really are everywhere and as a customer I love it. Has anyone else noticed how strong they are selling ad space on their planes? In the cabins? How they are selling food […]
Read More →