Updates
AOT: United Airlines to add daily flights to VN and TH starting on Oct 26, flights will be departing from LA & San Francisco to HK on their way to BKK & Ho Chi Minh. Comment: From memory, the number of planes in the skies today are still less than pre-wuflu days. GULF, a merged […]
Read More →GULF TB, a merged entity between GULFI and INTUCH, will start trading on April 3, no cap on ceiling/floor on the 1st day. GULFI TB and INTUCH TB both have been delisted. Comment: All hail crony capitalism! Or will they rebrand themselves as the Berkshire Hathaway of Thailand that compounds growth on a high single […]
Read More →CRC shakes up food units, mulls adding 500 SKU of house brand products in portfolio from existing 5k to boost margin, expects sales jump from premium products at affordable price, eyes 20% FY revenue growth target. Comment: The issue is that they’re up against such amazing independent players that all CRC F&B receives is the […]
Read More →BTS reported disposal of investment in Community One & Community Two to U-Ta-Pao International for Bt625.6m. Comment: Just a left pocket right pocket transaction… KBANK offers rescue package to borrowers, holiday payment on principal for 3 months for mortgage, credit card, P-loan only interest payment charges, cuts month installment by 50% on auto hire-purchase for […]
Read More →Thailand had a little wobble from the Earthquake in Myanmar on Friday. And that’s all people are talking about….it’s incredibly odd that only the government buildings seem to have issues. I highly doubt it’s due to any corruption or resultant cost cutting in the construction process. Perhaps it’s only due to the location and Feng […]
Read More →Notable Transactions Buy(s) THB 50.7 mn Sell(s) THB 50.5 mn
Read More →Financials and what not Company – bid.vn, cii.vn, dbc.vn, idc.vn, hpg.vn, hsg.vn, kdh.vn, mbb.vn, nab.vn, nlg.vn, vgc.vn, vic.vn, vhm.vn BID VN: approved a plan to repurchase over VND12,271 bn of capital-raising bonds before maturity between Q22025 and Q12026. The repurchase aims to exercise the call option, enhance investor confidence, and support future bond issuances. CII […]
Read More →ACE won e-bidding to develop & operate 2 municipal solid waste power plants (9.9mw & 8mw) under 25 years PPA, lifts total to 9 projects in portfolio with total installed capacity of 80.3 mw. CPAXT: cod-ed Makro Ban Bung, its 8th store in Chonburi province to capture growth from industrial estates, diverse customer base of […]
Read More →AAV said overall Chinese arrivals this year will be closer to 6m, after only ~1.5m recorded in 1Q, and vs TAT’s target of 8m, urging Government to deal with sluggish Chinese market. Comment: Still not bad given the situation. BKI target FY25 insurance premium +8% yoy to Bt34.2b (motor Bt14.7b & non-motor Bt19.5b), in talks […]
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