GULF in MOU with Binance Holding to study a digital exchange in Thailand. Comment: Blockchain energy trading? INSET expects windfall from cypto & metaverse boom, sets Bt1b budget to expand data center & cyber security business. Comment: One dream we have is that Thailand is permitted to become the crypto/token hub of the region. HK/China […]

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LH reported acquisitions of the SpringHill Suites by Marriott in Anaheim CA, US, a 120 rooms on 2.07 acres land from DKN Hotels for US$ 31m (Bt 1.056b), the property is just 2 blocks away from Disney Land. Comment: On price/key basis that’s ridiculously good. MC seeks to expand MC outlet in PTT retail stations […]

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CPF’s expected to report all time high quarterly profit in 1Q21 at Bt7,644m, +25% yoy, on higher swine sales, contribution from CTI and Lotus, mulls introducing plant-based products locally, Tabloid. IHL sees 20% revenue growth this year, on rising orders in leather products and pet foods. Comment: We’re wondering how big a jump in auto […]

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BCP sees returning to profitable this year, after oil price and GRM recover, sets 100K bbl/day capacity target and Bt23b capex to expand retail stations by 100 and Intanin coffee by 150, and submits filing for BBGI listing in 2H21. CSS targets FY21 revenue growth >20% driven by telco network installation & maintenance projects, recognition […]

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ACG upbeats 3Q earnings from debut of 2 car dealerships in Phuket & Krabi and additional 5k sqm capacity from auto service center. COL sees 3Q turnaround from wider margins and larger rev from housebrand stationary products sales. LPN opens presales of Bt1b Lumpini Tower Vibha-Jatuchak (Tower B). Comment: They have been struggling for 5 years […]

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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 […]

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AH AH upbeat 1H earnings from delivery of auto parts to clients, expects full year exports sales +10% yoy, eyes 5% revenue growth target. Comment: The profit growth is > than revenue but that’s due to their odd deal structure in India BGRIM BGRIM raised holding in subsidiary, Bgrim Solar Power Rooftop, to Bt251m from […]

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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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DOD DOD is preparing for 3Q18 budget approval. It expects growth in 4Q18, supported by increase of OEM orders It expects revenue to be strong this year and it is preparing to set up a second raw material extraction plant in November-December. (Kao Hoon, 17/10/18) DTAC DTAC subsidiary DTN submitted a bid for 900Mhz spectrum […]

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GLOW GLOW reported 2Q18 earnings of Bt1.8bn, down 36.5% YoY. 1H18 earnings were Bt4.4bn, down 6.7% YoY, due to higher maintenance cost and FX loss. (Kao Hoon, 1/8/18) Comment: Interesting, just as the acquisition is completed does GLOW report weaker earnings. HMPRO HMPRO posted 2Q18 earnings of Bt1.3bn, up 16.03% YoY. 1H18 earnings were Bt2.56bn, […]

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