BEM reported August MRT ridership +5.3% mom (Blue line +9.94%, Purple line +6.8%), 1H-Sept avg daily traffic within 480k-500k while tollway traffic 1.2m-1.4m trips/d. Comment: Perhaps a late mover for the reopening? COCOCO sees rising orders from China will help it achieve 30% revenue growth target this year, new machine installed and ready for test […]

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Chief of ADVANC’s pushing the NBTC to decide whether to approve or decline the TRUE-DTAC mega merger, noting that the agency has the legal authority to do so. Comment: The NBTC is having a field day collecting payments from all the groups. AQUA in collab with THR, a unit of THG, opens the Hills Rehab […]

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AKR aims to secure at least 10-15% of Bt3b power transformer procurement from Metropolitan Electricity (MEA)& Provincial Electricity authority (PEA) in 2H, expects demand for replacement accelerate following fire incident at Sampheng market on Sunday. Comment: Really? That fire incident is nothing, the company/news is rubbish. CKP anticipates strong 2Q/3Q earnings from higher power gen […]

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ADVANC’s written to the NBTC to express opposition to the planned merger of its rivals TRUE and DTAC, according to a source at the regulator. Comment: The letter probably said this “we don’t want to be the #2 player, it hurts our ego” AMATA’s board approved land investment in Laos, will start develop industrial estate […]

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ADB target 20% FY22 revenue growth >Bt2b driven by bioplastic & med-grade plastic compounds for blood bag, syringe, med equipment & packaging, mulls 50% capacity upgrade to fill demand from overseas. Comment: Great headline but look through the figures of the company, not much happened until the past 2 years and it wasn’t GPM driven. […]

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BCPG paid Bt1,070m for 25% stake in Nam Tai for power transmission line in Laos (220 kilovolt). CV expects to conclude jv deal with partner to establish RDF production plant in Vietnam by eo-1Q, 70% of Bt2.4b EPC power plant construction projects to realize this year, eyes 150% revenue growth target. LPH mulls raising hospitel […]

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AOT maintenance 3.7km west runway of DMK airport for 270 days from Oct 27, 21 till Jul 23, 22, sees no traffic congestion, flights density are manageable. CHAYO in talk to buy bad debts from 5 fin institution total Bt10b, expecting to secure Bt6-8b before end of year. Comment: Because BAM is done, everyone else […]

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AGE revised revenue target this year to Bt12b from Bt11b, on uptrend coal price and booming logistic business, sees record high coal sales at 5.5m tons. Comment: The chinese have tried to smack the coal market with margin requirements, thereby leading the prices to drop ~40% in a week. Now it appears that they’ve cleared […]

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AAV issues bond via crowdfunding, at 6.75% p.a., min Bt50K, with special promotion offering return tickets on domestic routes for Bt100K subscription. Comment: Does this demonstrate an inability to raise capital for AAV or simply they are offer to their customer base a potential good deal? DOHOME records 30% growth in 9M21 sales, on double […]

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ACG upbeats outlook after branching out from auto dealership to maintain services business as drivers opted to fix rather replace amid outbreak, will open 2nd branch in May, target 6 garages by end of year. The Fed of Thai Industries (FTI) suggests the government use BCP petrol stations and factories nationwide as vaccination locations to […]

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