AOT’s current duty free operator, King Power, awarded a 11-years DMK airport duty free management concession from FY22-FY33. Comment: Well that was quick BBL to compete with Sumitimi Mitsui Financial for StanChart Indon. Comment: No more growth nor NIM expansion left in Thailand, Indonesia does look like a far better bet for the next 10-20 […]

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AIMCG: name change to AIM Commercial Growth Leasehold Real Estate Investment Trust, ticker remain unchanged BJC: BigC hypermarket sees strong growth in home appliance sales on holiday season, eyes 2-3% sales growth yoy in 4Q. Comment: Markets and financial figures are telling a different story. The issue in the retail market is that they are […]

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And the market is -ve YTD. Done. The only sector that has me interested for the next 2-3 years would be the commodity related space. Globally banks are (or have been) reducing financing to oil and coal firms…limited new supply…continued demand increase…dare I say it…for the first time since 2006 BANPU may actually look interesting.

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BGC expects 4Q turnaround from lower bottle production costs as gas & cullet price drops, full quarter contribution of 74mw solar farm, recovery sales volume as demand for F&B grows. Comment: When Singha Beer sneezes, BGC catches the flu. BJC’s firm on 4-5% revenue growth target this year, sets Bt10b next year capex for glass […]

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BoT upbeat on fourth-quarter outlook : Key official strikes bullish note for next year, predicts accelerated public spending . Even though the economy got off to a rough start in the fourth quarter, the Bank of Thailand remains optimistic that the period’s reading will fare better than the third quarter’s. Bangkok Post Defence ‘off-budget’ spend […]

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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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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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AOT sees FY20 turnaround from higher contribution of new duty free concession kick-off September 20, pick up counter concession at SIA and DMK airport to announce winner January 27,20, seeks to expand non-aero revenue to balance revenue mixed. Comment: Their business should be focused upon improving efficiencies further at the airport  BCPG sets next year EBITDA […]

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AH sets >10% revenue growth target next year after stripping off SAGUSA and oversea sales growth, firm on 10% revenue growth target this year, albeit lower yoy. Comment: Hmmm I wonder acquisitions they will try to pull off next AMATA expects IE land sales momentum carry thru FY20 driven by transfer of backlog at Amata […]

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