Market research on Thai Stocks in the SET Index
AOT’s 3rd runway on track to cod in July, adding more automatic channel (e-passport reader) to enhance convenience, mulls expand SIA & DMK airports capacity to handle 140m travelers p.a., expects to sell TOR by end of year. CP Group plans to slow its investment this year, eager to harvest its outlays from recent years, […]
Read More →AAI anticipates meaningful turnaround this year on jump start pet foods orders after hit by excess inventory last year, will start delivery for new clients at late 1Q, eyes 15% FY sales growth target. Comment: Everyone is wondering if this is a real turnaround in demand. Or just a little bump. BMA board approved Bt23b […]
Read More →AH eyes 3-5% full year sales growth target driven by larger auto parts orders from establishment of 2-3 Chinese BEV manufacturing plants in TH, sets Bt400m capex to build new plant to accommodate orders from new clients, target cod by end of FY25. GULF: digital assets unit, Gulf Binance, begins digital asset exchange & brokerage […]
Read More →INGRS signed MOU with S.KR based, Sungwoo Hitech, on business collaboration for developing manufacturing and supply of BEV related components, expand automotive components market in Asian. Comment: I mean, ok, fine… ORI’s 2023 presales exceeds Bt47,265m, record high, supported by strong sales at Pet-Lover condo in Thonburi, reports purchase of 5.88m shares (2.94%) of NETBAY […]
Read More →HMPRO collabs with BAY’s consumer unit, Krungsri Consumers, to launch BNPL service, Home Pay by Krungsri Genesis, for HMPRO’s clients, target 120k new account this year. JMART sees another record high profit this year driven by robust mobile sales on the back of shopping tax rebate stimulus, growth from recently acquired Tee-Noi hot pot restaurant, […]
Read More →Notable Transactions Buy(s) THB 24.2 mn Sell(s) THB 33.4 mn
Read More →AOT: China-based airline, Juneyao Air resumes flights btw Shanghai & Chiang Mai effective Jan 20. CENTEL to cod 95 guest rooms lifestyle hotel, COSI Vientiane Nam Phu in Laos in Feb, first overseas COSI brand. CHG eyes Bt8b FY24 revenue target driven by larger quota on SSO patients, contribution from 100 beds Chularat Maesot hospital […]
Read More →CRC sees >20% sales growth in 1Q on Easy E-Receipt program, sets Bt500m for the Great Chinese New Year 2024 from Jan 10 – Feb 20. Comment: I would like to see a government remove this type of fiscal stimulus to know what real demand is. CMAN with KMC Indian JV to build world class […]
Read More →AH target 10-12% FY24 revenue growth driven by 3 jv with strategic partners in auto parts biz group, clean exhaust system under partnership with Purem by Eberspaecher, upside from 4-5 EV parts deals and Isuzu plans to use Thailand to be EV hub. Comment: It has zero net volume growth to AH. Instead people should […]
Read More →AirAsia has announced the merger of AirAsia and AirAsia X, making SEA a multi-hub for aviation while targeting TH as its hub for flights to Europe. Comment: Doesn’t appear to have a real impact on the thai listed entity. HL said its 50 drug stores are in Easy E-Receipt program, sees rising 1Q24 revenue growth […]
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