AH sets up subsidiary, Able EV, to expand auto dealership business for Changan.
AOT upbeats 1Q24 earning (Oct-Dec23) from passenger traffic thru airports on seasonal, higher capacity yoy after cod-ed SAT-1 on September, higher OCC for commercial area, upside from rent hike.
Comment: Having just been to the airport and going upcountry, it still appears to be buzzing.
BBL maintain 3-5% FY loan growth target, mulls reducing provision in 4Q, over following phrase, expects 4Q NPL flat from 3% @ end of 3Q.
M sees 15-20% SSSG in 4Q driven by improved dine-in traffic on seasonal, campaigns launched to boost sales, firms on 15% FY revenue growth target.
Comment: Now that’s just fantastic figures, granted 4Q22 would still be a low base (remember covid?), the question is, how are GPMs?
MCA: strategic planning & integrated marketing solution, Market Connection Asia, debuts IPO 60m shares at Bt3.3 apiece, FNS, GBX, AEC & KTB joint leads.
Comment: Another flop of an IPO, these names are performing like they used to i.e. usual story was small name, small float => great pump.
PSL secured US$105m sustainability-linked loan from International Finance Corp, EXIM Bank & Credit Agricole to finance acquisition of up to 6 dry bulk carriers.
Comment: Expansion! With a sustainability loan? I mean….I love the management of PSL but this “sustainability-linked” is a bit silly…
RPH sees OCC IPD flat qoq at 80%, expand online marketing & agencies to boost revenue from international patients, maintain 10-20% FY revenue growth target.
Comment: Just visited them, and I must say I was blown away by the quality of the hospital and management.