ASW sets Bt8.7b revenue target this year, Bt19.5b backlog, starts transferring 9 projects worth Bt14.7b, sets Bt17.8b presales, 12 new projects worth Bt25.92b. CREDIT: Thai Credit Bank debuts IPO 254.12m shares at Bt29 apiece, CIMB (TH) leads. Thai Credit bank (CREDIT) sets 20-30% loan port growth p.a., 9M23 NIM at 8.2%, highest among peers and […]

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ADVANC completed successful testing of 5G standalone (5G SA) roaming with Deutsche Telekom Global Carrier & T-Mobile, completing 5G SA roaming btw the US and Switzerland and the US and Thailand. ARIN: local fund, KKPAM, purged entire holding 21.6666% on Dec 8. Comment: News appears to be misleading here, it’s most likely a transfer from […]

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BTW: wins EPC contract for Green Methanol plant in NEOM project Saudi Arabia valued at Bt 444m. CBG: reached agreement with English Football League to extend sponsorship of Carabao Cup for the next 3 years for GBP 18m (Bt 800m). Comment: Well, why not, it does give them global coverage… GULF: signed solar PPA with […]

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BDMS sees >3% revenue growth this year on rising patients both local and foreign, with the latter account for 30%, its normal level. Comment: BDMS is too large to grow revenues at this point beyond price increases. CPAXT’s interested in joining government’s digital wallet scheme, sets 20% revenue growth target next year, mulls hybrid model […]

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ASIAN: local fund, KSAM, cuts holding by 0.0399% to 4.9908% on Jun 12. Comment: Taking advantage of the price recovery and/or doubting the potential upside should the industry recover? AUCT reaffirms solid 2Q from robust traffic thru auction yards on surging repossessed vehicles from financial institution, expects positive momentum continue in 2H. Comment: They are […]

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AOT reaffirms solid start 1Q24 (Oct-Dec23) driven by full flight slots for IATA winter schedule starting from last week of Oct till last Sat of Mar. AP reports Bt18.8b 5M23 presales, account for 30% of Bt58b target this year, plans 38 projects in 2H worth Bt51.8b, firms on Bt57.5b transfers this year and Bt37.5b backlog. […]

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AOT reported 2.37m passenger traffic during Songkran holiday, SAT1 concourse at SIA to cod by 4Q23 (end of Sept), mulls opening auction for commercial developer to develop 290 acres land to boost non-aero revenue. Comment: I’m still of the viewpoint that 2H23 is going to look incredible and that 2024 people will be surprised by […]

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BJC announced business restructuring plan that separates its port into retails, wholesale, production, imports and exports of consumer goods, with all existing business of BigC are under BigC Retail Corp (BRC), Bt87.1b registered capital, pending listing. Comment: Et voila, the rumour from last year is true, and just in time for the group as interest […]

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ACE reaffirms 1K MW capacity target after signing PPA on 18 community PP, eyes bid in 2nd phase, mulls 24 alternative energy projects and M&A. BCH sees >80K foreign patients and >1m SSO’s this year, sets Bt13b revenue target. SET’s warned investors to be extra careful in trading in DELTA, after reaching all time high […]

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AOT: cabinet approved DMK airport expansion phase 3 to accommodate 40m passenger traffic p.a. from current 30m, 3rd passenger terminal & 6th parking bay to be added under Bt36.829b budget. Comment: Getting ready for China + India to visit Thailand en masse CHIC selected by GRAND for interior design and furnishing of hi-end projects, ANIL […]

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