AOT to open bidding envelop for Suvarnabhumi airport’s duty free and commercial area today, among contenders are King Power, BA and ROH.
Comment: And by now we all know that King Power has own for Suvarnabhumi
ASAP in deal with SCB to provide low interest rates for used-car HP at 2.79% during promo event at ASAP auto park Jun 1-30, expts to purge 50 vehicles during campaign.
BBL sees transactions at the bank drops 4-5% yoy due to digital banking, mulls to scale back branches this year.
BTS firms on 25% profit growth this fiscal year, after reporting 240% revenue growth last year.Comment: It’s a function of a very low base as opposed to great core earnings growth
COM7 debuts new IT retail shop, Banana E-Quip, to capture demand from gaming market, will add 5 branches within 1H, target 20 outlets by end of year.
FPT and Spore-based data centre service provider ST Telemedia Global Data Centres plan to spend >Bt7b to establish a hyperscale data centre under a JV that seeks to ride on the growth in Thailand’s digital economy.
GUNKUL in talk to buy 150mw VN solar, expts to wrap up w/in 3Q.
KTB to invest Bt19b on IT system upgrades this year, by hiring foreign experts to help solving tech debacles.
JKN sees strong momentum into 2Q from Bt709m backlog, firms on 20% revenue growth this year, expects to secure Bt100m new client by June.
Comment: Well the owner has been buying shares at 8
LPN target 17 new projects worth Bt20b, maintain Bt16.5b full year sales target, 18% revenue growth above Bt12b.
PTL to cod Indon film & pkging plant in Aug, sets US$10m to expnd HVA prods to pump margins.
Comment: Ah the latest insider trading co
RS to seek board approval to reduce capital (43.27m treasury share), boosting EPS to 4.26%.Comment: So they’ve bought back shares and now will just get rid of it to boost the EPS
SCB to create alliance with Amazon’s e-commerce platform, hoping to capitalize on Amazon’s 300m clients worldwide and boost SME loan growth by 10%.
Comment: Rubbish, SCB doesn’t benefit from this.
TASCO’s Malaysia subsidiary rcvd Bt450m claims from fire incident at oil depot.
TPIPP may cut dividend payout from current 85%, aims to save funding for Bt3-4b investment if wins 40mw On Nuch-Nong Khaem waste powerplants contract in June.
Comment: This doesn’t make sense given how strong their balance sheet is