AAV expects record earnings from core operations this year as a surge in overseas visitors boosts seat demand and airfares, plans adding more flights to China and India, its major driver for growth.

Comment: Record earnings? With a smaller fleet? Yes folks you read that right, they’re stuffing us into their old planes, running high utilisations and charging us far more than they used to..why? It’s still the post covid era…supply/competition ain’t there yet, probably won’t return for years…

AOT’s exploring options to utilize 1k acres landbank, mulls investing in hospitality, cargo, private jet, agriculture certification, aircraft maintain to boost non-aero revenue.

Comment: Hopefully they’re not going to do retail….c’mon Thailand you want to go up the value chain? Move on from shopping and food, and be quiet , there are plenty of good clever folks here that can get it done.

CHAO: snacks & packaged foods producer, Chaosua Foods Industry, debut 87.68m shares @ Bt11.8, KSEC leads.

Comment: Pump pump pump – well done

ICHI keeps Bt9b FY revenue target, GPM above 23%, will roll out carbonated soft drink in 2H to expand segment coverage & non-tea portfolio, additional capacity 200m bottles will be up in 4Q, lifts total to 1.4b bottles p.a. eyes double digits growth next year.

Comment: I haven’t seen any of new drinks maintain a decent market share.

PTTEP expects brighter outlook 2H from higher gas selling price (Bongkok & Erawan fields will be repriced in Oct), firmer oil price on tight supply during hurricane season & demand for heat upcoming winter, SG&A is expected to drop from higher production volume effect.

Comment: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

RML to launch a private sale for its super luxury project, the 528 Estate, in Sukhumvit 28, only 4 units starting from Bt800m each.

Comment: Well, I suppose that there is a market for this, and if it’s only these few units…it’s entirely possible. Just wait until you see what a prop developer is going to begin selling around Lumpini Park.

  1. Agree about PTTEP. very interesting developments for oil (and fffing weapon cooperation) between Modi and Putin. wonder if that will impact oil prices? I’m still holding a bit of cash, on the possibly of a shock! horror! CC decision on MFP and the opportunities to buy on the SET during that panic selling for 1 hour. 😉

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