TAT wants vaccine passport policy: Long-haul market slipping from grasp. Thailand should have a clear-cut plan on a vaccine passport by June if plans to reopen the international market by the fourth quarter are kept, according to the Tourism Authority of Thailand (TAT). Bangkok Post SME bad loans peak in Q4 of 2020: Non-performing loans […]
Read More →AP targets launch plan 34 projects total Bt43b comprise of 30 SDG (Bt 28.8b) & 4 condos (Bt14.2b), target full year sales above Bt35.5b. Comment: Interesting tidbit – demand for low-mid end housing has apparently returned to pre-covid levels, however because thai banks are basing their loan approvals on the past 12 month salaries the […]
Read More →ADB upbeats FY21 outlook from recovery demand for compound plastic beads, adhesives and sealants for med supplies, wire coated, building material and auto. CKP expects 15-30% revenue growth this year, sets Bt2-4b capex for PP. BTS signs Pink Line extension into Muangthong Thani with NBM worth Bt4,230m, with BLAND in for Bt1,250m and the rest […]
Read More →B’s board approved divestment of Bangpakong cargo terminal for Bt75m, aiming to reduce reliance on marine cargo services, shifts focus to logistic business. BGC anticipates FY21 turnaround from larger bottles & containers sales volume from recovery consumption, in talk 3 M&A total Bt2.5b, will wrap up deal in paper container producer capacity 100ktpa before end […]
Read More →ASK announced RO 175.95m shares 2:1 at Bt17/shares for existing holders, XR April 27. Comment: Wow, thats quite substantial, this explains the stock dropping today by ~10%. Then again post recap, it’ll have a cleaner balance sheet, able to expand etc etc, same story different co. BGRIM sets EBITDA margin target at >30% this year, […]
Read More →Earnings earnings and earnings. But who cares? It’s momentum into the companies where the drop in demand < the drop in supply. And going forward starting 2Q, everything is going to look great YoY.
Read More →Notable Transactions Buy(s) THB 4.6 mn N/a Sell(s) THB 10.5 mn N/a
Read More →SpaceX rep held talk with NBTC on Friday on obtaining internet satellite license as it plans to open commercial booking in Thailand this year. A 4 days Censure debate against the PM and 9 ministers will begin on Tuesday and end on Friday, before the voting on Sat. It’ll be chaotic if the Opposition is […]
Read More →ANAN plans 5 new projects worth Bt24.4b, sets Bt18.6b presales and Bt16b transfers this year. Comment: The owner should stop smoking weed and dreaming about drone deliveries and go back to focusing on his core business. OR will not fall under Cash Balance trading curb, after share price closed at Bt30.25 yesterday, causing its PE […]
Read More →AOT lowers passenger projection this year to 31.9%, down 33.4% from earlier projection in November 20, flights down 25% to 335,459, and expects things to turn back to pre-Covid in 2024.AOT reports full system tested on automated people mover (APM) system at SIA satellite 1, will be able to carry up to 6k passenger/hour to […]
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