BAFS anticipates positive 2Q earnings growth YoY, driven by a 6% increase in jet refueling volume amid strong air traffic from the EU and South Asia. The company maintains full-year revenue growth target of 9% to above Bt3.8bn, with sales volume forecast to rise 7% to 5.4bn liters. Key clients include carriers from Thailand, India, […]
Read More →AOT: Norse Atlantic Airways has confirmed a new weekly Manchester–Bangkok route starting November 26, with potential for expansion depending on demand. Comment: These are all positives. Now what about that King Power deal? EGCO targets 4–5 M&A deals in 2H25, focusing on energy projects and renewable assets in the U.S. and Middle East. ESTAR maintains […]
Read More →It’s shopping time, 7/7! How appropriate given that the market is now 20% for the year, the PE seems to have magically disappeared from my bberg but whatever. The yield is now at 4.4%, the index is almost down below 1x PBV – which typically means, it’s shopping season. But we are blessed in Thailand […]
Read More →Notable Transactions Buy(s): THB 90 mn Sell(s): THB 11.7 mn
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