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 […]
Read More →ADVANC targets 1mil new 5G customers, 1.6m home BB internet this year, sets Bt25-30b capex to expand networks, sees low single digit growth in service revenue. BAY’s auto loan unit, Ngern Tid Lor, submitted filing to SEC to sell IPO 1.043b shares. Comment: Now we’ll see behind the curtain of one of the largest players. […]
Read More →DTC signs mgt agreement with Fengshun Jindebao Kaiyue International to rebrand & management 190 guest rooms under the name of Dusit Princess Hot Springs Resort Fengshun, Guangdone, cod this April, will add 3 more hotels in China this year. Comment: A second announcement KTC expects KTB Leasing M&A transaction to complete before end of May, […]
Read More →DTC signed hotel management contract with Kuwait real estate co., Al Fajer International Holding, to mgt Dusit Princess Mahboula Kuwait, comprises of 180 rooms plus 70 serviced apartment, target cod 4Q23. Comment: These deals are still happening throughout the world. People here don’t understand that travel is relatively normal within parts of the UAE/pakistan/turkey/greece etc […]
Read More →