AMA in talk 2 logistic partners to expand from Oil & Gas transports to industrial logistic, expects big jumps 3Q from larger average tanker size yoy from 13k tons/trip to 15ktpt, positive momentum from onshore logistic as PTG & AIE increase shipment of gasoline and B100 transport, will add 60-80 oil trucks in 2H after […]

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AKR sees 2H turnaround from recovery demand for high voltage transformer from EEC expansion, power & solar rooftop projects, will bid for U-Ta-Pao airport projects and high speed rail projects, Bt1b backlog to realize till 2H21. Comment: If thats the case then you have the usual players of AKR, DEMCO, TKT  AOT said 8M20 fiscal […]

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BBL expects 2Q NIM flat qoq from 2.5% in 1Q as cost of funding also drops from repricing deposits, sees no impact from debt moratorium as consumer lending account for marginal in portfolio. BTS sees full year ridership drops 10% yoy; but no impact to revenue thanks to cod of greenline extension stations, compensation from […]

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AP: K-ASSET raised holding by 0.1212% to 5.1039% of total o/s, SEC filing. Comment: I find it interesting that now the news is reporting what the institutions are doing, are we going to see a situation in Thailand similar to the US that institutions become major shareholders as family’s reduce their holdings. Plus these announcements […]

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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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BEM: won arbitration on fare adjustment of second state expressway, authority (EXAT) required to pay Bt 1.048b for damage, EXAT may filing petition to request court to revoke arbitral award w/in 90 days. CK: mulls to bid for infra pj combined worth Bt 300b, expts to wins at least 20-30%, reassure Bt 30b FY19 rev […]

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AP AP’s presales made a new high of Bt41.6bn, growing by 85% and exceeding the target of Bt26bn. It has launched 25 projects worth Bt49.04bn this year. (Khao Hoon, 19/12/17) Comment: Part of me is thinking what’s the total presale value in the market today and from some estimates I see that some THB 406 […]

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BIG BIG has bottomed out after entering high season and is changing its strategy to sell cameras and mobile phones in order to accelerate its earnings recovery in 4Q17. (Thun Hoon, 6/11/17) Comment: Still have my doubts on their ability to continue pushing new cameras to the market, unlike iPhones its a different consumer behaviour […]

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AJA AJA’s board approved the setting up of new subsidiary “Risen Energy”. This company will import and sell electrical vehicles, set up charging stations, produce batteries and establish an EV production factory under the brand “BYD” from China. It believes this will strengthen its business fundamental increase business growth and provide favorable return to shareholders. […]

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BEM BEM to pay dividend of Bt0.06/share, XD on September 5. (Thun Hoon, 25/8/17) EGCO EGCO says 2H17 performance will grow. It expects to maintain ROE at above 10%. It also plans to expand abroad into Laos, Indonesia and Vietnam. Domestically, it will begin to book revenue from Klong Luang power plant from 3Q17. (Khao […]

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