AOT: Civil Aviation Authority (CAAT) affirms readiness of DMK airport to accommodate high season, handling capacity 57 flights/hr. able to cope with increased flight slots.
Comment: The issue isn’t in TH, the issue is that China is isolating itself and making life difficult for citizens to easily fly overseas, and that incredible India doesn’t have enough flights to Thailand just yet.
CENTEL anticipates meaningful turnaround in 4Q from lower electricity expense, sees advance booking topped 30% for an upcoming high season, maintain FY OCC >70%, improved dine in traffic to boost growth on F&B operation.
Comment: Well priced in at the moment.
CWT reported completion of solid waste disposal project for Refuse Derived Fuel (RDF) capacity 400t/d, will serve Nakhon Sawan district under 25 years contract, target cod Oct 23.
LEO’s current cash on hand is Bt700-800m, mulls expanding non-freight business to 30%, to wrap up M&A in international logistic in 4Q and collaboration with listed partner to provide EV truck services and open new self-storage in 4Q.
PRM reaffirms 10% FY revenue growth target driven by larger fleet size of VLCC vessels, surge demand for petroleum logistic, new long term crew boat contract, tailwind from offshore support on improved activities.
Comment: Such a no-brainer, very annoyed that the share price barely moved.
SPALI m/t Bt15b FY upcountry presales target +10% yoy account for 50% of Bt36b total FY target after logged Bt7.78b in 1H, explores expanding mkt share in EEC area and tourism town to capitalize growth potential from economic growth in particular provinces, Bt12b out of Bt19.8b backlog to realize in 2H while the rest to realize till FY25.
Comment: Still appears to be an overhang on the shares after the issue w/ 1 of their projects.
TRUE mulls selling Bt60b worth of assets to DIF, pending board approval late 4Q.
Comment: They’ll need to sell it all.
VGI setup unit in Vietnam to expand ad & OOH media business.
Comment: yawnz, they need to start making $ again.