AP will launch 1,237 units high-rise projects under jv Mitsubishi Estate, LIFE Rama4-Asoke, worth Bt6.7b, pre-sales kick off October 16.
CPF announced buyback up to 400m shares or 4.65% of paid-up under Bt10b budget from October 15 till April 14,22, estimated FY22F EPS +3-5% if program successfully executed.
CPF’s HK whole-owned unit, CPFI, proposed to take listed co, private via tender HK$1.15/SHR (19.79% premium) to previous close @ HK$0.96/share, CPFI will hold 75% & ITOCHU 25% post transaction.
Comment: Judging on the market response, looks like no one really cares about the share buy back for CPF….
COM7 opens booking for iPhone13, 1st lot arrives next week on October 8, expects higher sales 4Q yoy thanks to earlier schedule from launch date last year on December 21.
Comment: In other words…dragging the #’s fwd by a quarter compared to last year.
CPN sets Bt1b 3-year capex to upgrade and for marketing campaign, to open 2 malls in October-November.
DRT upbeats 4Q earnings from surging demand for flooring & roofing products for home repairing post flood, firms on 5% revenue growth target this year.
GULF reports cod of 662.5mw 2nd unit in GSRC power plant projects, unit 3&4 to cod March & October 22, inked deal with Singtel to establish data center business in Thailand.
Comment: You see it now?
KTC sees higher card spending in 4Q from reopening and government’s planned shopping stimulus, signs deal with Agricultural Bank allowing bank’s member of Nong Hom Jung shops to access QR Credit card payment.
Comment: The real headline should be “KTC still collect interest payments from a population that hasn’t had any income to fully pay off their credit cards”
MAJOR: October 7, 007 hits screen.
Comment: Yeehaw! But where’s Top Gun 2? I’ve been telling friends that Tom Cruise is going to save the world.
ORI reports 9M21 sales topped Bt23b, +22% yoy account for 79% of Bt29b FY21 target, sees improved SG&A & sales from review residential projects via property live online channel, will launch 9 projects total Bt6.295b in 4Q, reaffirms all time high profit this year.
SFLEX established jv with TU to expand flexible packaging distribution, new packaging products local & oversea.
SSP’s 48mw Vietnam windfarm to cod in October, sees growth from solar rooftop business as demand for renewable grows for cost saving, will announce 1 M&A before end of year.
TIDLOR launches 10mths interest free auto insurance installment service to draw new customers, aims to cross sales finance products, penetrate via digital channel.
Comment: According to management, this has actually been going on for a while.