AOT: mulls sending subsidiary, AOTGA, to replace THAI for ground operations, will signs Bt 9.7b SIA 3rd runway construction contract with NWR in August., target cod FY23. Comment: But all the news is about the reduction in income from the duty free player… ILM: launch built-in & custom made furniture services, Younique, to fill demand […]

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CHEWA approached by AIMIRT to invest in its ready built factories & warehouse in Amata City IE Rayong for Bt500m, expects transaction completed within 3Q following unit holder approval. GULF sees 35% revenue growth next year to Bt50b on higher revenue recognitions, keeps 10% growth target this year, wraps up one M&A deal oversea and […]

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KBANK: cuts MRR rate for SMEs & individual customers by 25 to 6.62% from 6.87% following policy-rate cut by 25 bps yesterday to record low at 1%. Comment: There go their NIMs, their ROEs etc etc KKP: target FY loan growth within 7-9%, NPLs below 3.9%, 10 IB deals on hand to provide cushions. Comment: […]

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ADVANC, DTAC, TRUE, TOT, CAT are expected to submit bidding for 5G licenses today, qualified bidders will be announced on February 11 and auction begins February 16 Comment: WHERE’S JAS? IHL wins contract to supply leather to US footwear, KEEN, production starts 2Q, expects to wrap up additional 4 contract this year. IVL cod 440ktpa […]

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ACG upbeats 4Q earnings from strong vehicle sales ahead of year end, 11 more dealerships yoy and contribution from maintenance services, sets Bt200m budget to open 2 branches and expand relating business, target 20% revenue growth next year. BA to compete with King Power for duty free pick-up counter at Suvarnabhumi and Donmuang, result Jan […]

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GGC said Nature Works USA is interested in building a biopolymers plant at its Bio-complex in Nakornsawan. GLOCON to revamp food business strategy by expanding A&W Express and in 7-11, targeting 20-25% revenue growth at A&W. Comment: Not sure they will be actually able to do anything with this brand, there’s a lot of competition […]

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ASAP launches app, ASAP Limousine, Chauffeur & Limousine services to expand corporate client base, open booking from September 30. Comment: I do like what they are trying to do here. But the impact of these new services is small relative to their core business EGCO reports cod 455mw coal-fired Philippines powerplants in 4Q, lifts total […]

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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 […]

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AAV AAV anticipates turnaround from lower fuel costs and improved cabin factors yoy, will take delivery of 4 new aircrafts to accommodate new routes, focus CLMV and south Asia. Comment: Oil prices just confound me half the time. Then again a lot of things do. But at these levels I don’t see why the airlines […]

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BSM BSM’s earnings in 1Q18 improved significantly, up 115.6% YoY, supported by strong performance of its hospital segment. The company targets revenue for 2018 at a record high of Bt800mn. It will expand to the property development business. (Thun Hoon, 17/5/18) Comment: They’ve been quiet for some time. Wondering if this is going to be […]

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